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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jay Lyons who wrote (8933)	2/19/1999 6:32:00 PM
From: AlienTech	Respond to of 43080

>>Oh, Man...first I invite Carl over and he slimes the joint, and now you're inviting Mattman to join us in the corner for a brew. It's a free for all.<< Well obviously we could use another smartie in these parts.. I mean how bad could he be? Especially when he seems to have what we lack to get in on the next inty IPO selling auto parts. I mean woudnt you rather order some break shoes via the net than go ask embaracing questions at the local store? Same idea as the guy said earlier today, You would be really reluctant to ask your pharmacist about what to put on that wart in a very sensitive place in front of everyone at the counter. While we beat the dead horse, please let me point out that the market "pie" (total market value-- not just stock prices) is annually growing at a rate of 15-20% per year. In other words, it is not the same static shares being swapped around like a giant game of musical chairs, and winners only winning at the expense of losers. The truth is 80% of investors do far less than the 15-20% of market growth which fortunately provides the difference to be distributed between the best 20%. Yes, there are losers-- I've paid my share of tuition over the years-- but there is better opportunity in the market for an intelligent, disciplined, hard worker than in any field I can think of. I owned seven automotive aftermarket franchises, a parts distributorship, and a remanufacturing plant, pulled a huge sled full of ungrateful employees, risked far more money and made much less. But, it's not for everyone. It is certainly not a get rich quick scheme, it's a business. I know that I have more than once felt like quitting after a string of bad plays, but on balance I believe trading to be one of the last bastions of pure capitalism remaining in this country. I wish you the best in your future trading and hope you don't "drop out of school" after "paying the tuition". Matt