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Message: RE: Kirk, ``haven`t got a clue`` - \SGE - Urlurking2

RE: Kirk, ``haven`t got a clue`` - \SGE - Urlurking2

posted on Jul 17, 2006 09:31PM
Agreed.

 

I still have a rough time with the market`s apparent ``show me the money`` attitude. IMHO, it just seems like a real weak approach to investing; watching something that appears hot, waiting for the numbers that EVERYONE will know at the same time (or sooner), then chase the thing up. Maybe very conservative (demonstrating fear), but if one is planning to play it THAT conservative, IMHO buy some T-Bills or CDs with a known fixed rate of return. I guess I look at it an entirely different way. If I see something that looks so promising (like PTSC right now, albeit with some nasty hair on it), the risk I feel is NOT so much about the possibility of loss, but more the concern of totally missing the boat. The latter would ``bug me`` more. To me, an ``oh no!`` isn`t as bad as the old ``woulda, coulda, shoulda``, if you get my drift. Been on both sides of that, so I KNOW. LOL I do have some success stories though, and they all involved my more aggressive attitude.

 

Guess I`m pretty scary! LOL And I KNOW nuttin`!

 

SGE

 

PS: This post isn`t necessarily directed at you, i.e., no foul intent. Just musings about the market attitude. While some may scoff at my approach, if they`re here Long, they`re basically demonstrating the same attitude. So you are all these people who are watching and waiting for numbers BEFORE investing? I suspect it`s more a case of people being ignorant/unaware of the PTSC circumstance.

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