Forum Archive Index - March 2001

["Colin Ross" <ceejaynz@xtra.co.nz>]

Well said, we all have to take our lessons where we find them.
The important trick is not to repeat the mistakes
......................ahhhhhhhhhh if only...........
Ceejay

----- Original Message -----
From: David Ling <seechoke@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, March 15, 2001 6:49 AM
Subject: [sharechat] Day and New Economy Traders .....


>
> There is no doubt that 1999/2000 bred and created a new generation of
> suckers - who in many cases have lost not only their shirts but more
> important, their pride as well.  Not too many of those individuals would
now
> admit to ever being a trader now of course.
>
> Comments attempting to rub salt into their wounds however are
inappropriate.
> Every sharemarket boom going back 100 years has always needed the
aggressive
> speculators to drive the boom - every boom also creates speculators.
> Unfortunately many of those speculators are but youngsters who inevitably
> learn the hard way that there is more to investing than simply buying and
> selling shares ....
>
> Think of how boring the markets would have been without their activity ...
>
> The trick of course is for the seasoned investors to take advantage of the
> opportunities created by the speculators.
>
> Those who are attempting to rub salt ... did you benefit from their
> activities?  Or were you simply a bystander who was green with envy by the
> short term money made by them ....
>
> It is often said and is so true - 'It is better to have loved and lost
than
> not to at all!'
>
>
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>
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