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[sharechat] TA FA chellenge reply to cristeen by macdunk


From: "Duncan MacGregor" <d-m_macgregor@xtra.co.nz>
Date: Sun, 8 Feb 2004 15:29:17 +1300


Hi cristeen
                 I cant see you having any luck setting up the challenge.      Robin Benson came closest to the truth when he said
we are all In the market for different reasons, some for money some for glory others to see how smart they are, and believe It or not some feel the need to lose.    Most of us are In the market to have an Interest that makes money, but then the others come Into the equation as well.   TA traders trade the tops of the ripples FA traders trade long term who Is best? who cares         TA traders will never say buy this today Its a certainty.   FA traders will fall In love with a company and watch their money go down the gurgler.
If a system Is so good that a person can triple their money In a couple of days, then It Is equally as bad for others trying to do the same thing.      .    The only point to worry about Is, are your Investment methods better than average.    So what Is average?.
That Is what the market gained or lost Including dividends over a period of time.     For every dollar above average, someone somewhere lost a dollar below, so that when I have someone say they turned $10000 Into $1000000 or whatever I know look out you can lose your shirt at this game.         My methods Of Investing keeps me well above average, my mentality Is average, my determination to succeed Is way above average with my methods of TA and FA what side I sit of the fence do I sit on?..
Keep up the good work with your recommendations we can all do with more of the same much appreciated.
                                                     Best of luck macdunk
ps My weakness Is I must stick the pin In To
laugh at the EXPLOSION>

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