Forum Archive Index - March 2004

["Woody deJong" <solarmax@optusnet.com.au>]

Woody is watching!

If you believe Trading is gambling there is nothing I can do about it.

Remember the old days of the Us frontiersman.
He hunted animals for their skins and then went to a Trading Post and
Traded them for Goods.  I never heard of a Gambling Post where you
gambled your pelts for goods.

Perhaps you are a gambler, I have met many gamblers that had tried to
trade, they lost $1000's. 

I personally Trade I do not gamble.

Woody

-----Original Message-----
From: sharechat-owner@sharechat.co.nz
[mailto:sharechat-owner@sharechat.co.nz] On Behalf Of J Insley
Sent: Friday, March 19, 2004 8:58 PM
To: sharechat@sharechat.co.nz
Subject: [sharechat] gambling

Snoopy.

>look at the size of
>the pie you are investing in.    If it is decreasing you are gambling.
If
it
>remains the same size you are speculating.   If the pie is growing you
>are investing.

That reads to me like:  If I am losing I am gambling,but if I am winning
then I will call it 'investing'.

Also,with gambling the 'pot' doesn't necessarily get smaller,as in
gambling
between friends.  But there is a price all the same.   If you win you
run
out of friends.

>From what you have said,traders are gamblers.How come you have avoided
Woody's wrath?

Cheers,Jim


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