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Old 10th October 2008, 11:12   #11
Bob Dalek
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You shouldn't be buying shares if you don't understand the function of a Market maker.
Utter toss! It's gambling - that's all! You place your bet, like a gambler does, only instead of Top Tips gleaned over a pint down the local, you instead believe any old toot you read on internet forums. And, instead of the Racing Post, you read the FT. Then you lose the lot owing to "unforeseeable factors".

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Old 10th October 2008, 11:17   #12
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Utter toss! It's gambling - that's all! You place your bet, like a gambler does, only instead of Top Tips gleaned over a pint down the local, you instead believe any old toot you read on internet forums. And, instead of the Racing Post, you read the FT. Then you lose the lot owing to "unforeseeable factors".

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Old 10th October 2008, 11:21   #13
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Utter toss! It's gambling - that's all! You place your bet, like a gambler does, only instead of Top Tips gleaned over a pint down the local, you instead believe any old toot you read on internet forums. And, instead of the Racing Post, you read the FT. Then you lose the lot owing to "unforeseeable factors".

Or, you do the analysis of a companies balance sheet (something a trader should be able to do quickly), decide on the fundamentals and make an informed decision.

It is still a gamble in these times though...
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Old 10th October 2008, 11:26   #14
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Or, you do the analysis of a companies balance sheet (something a trader should be able to do quickly), decide on the fundamentals and make an informed decision.

It is still a gamble in these times though...
NO!!! NO!!! NO!!! It's ALWAYS a gamble. It is NOT a science or anything like that. Have recent events & past events (Polly Peck et al) not taught you anything?
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Old 10th October 2008, 11:28   #15
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NO!!! NO!!! NO!!! It's ALWAYS a gamble. It is NOT a science or anything like that. Have recent events & past events (Polly Peck et al) not taught you anything?
Well, there's good and bad gambles aren't there?

There's always the chance of a good gamble turning bad, but that's why you have lots of gambles to mitigate that risk.
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Old 10th October 2008, 11:29   #16
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Originally Posted by Bob Dalek View Post
Utter toss! It's gambling - that's all! You place your bet, like a gambler does, only instead of Top Tips gleaned over a pint down the local, you instead believe any old toot you read on internet forums. And, instead of the Racing Post, you read the FT. Then you lose the lot owing to "unforeseeable factors".

Why are you so agressive? Sexual frustration?

He asked "who buys all the shares?" Not is the stock market a gamble.

Now go and have a pot noodle and come back when you can be civil.
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Old 10th October 2008, 11:29   #17
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Well, there's good and bad gambles aren't there?

There's always the chance of a good gamble turning bad, but that's why you have lots of gambles to mitigate that risk.
Have you considered Gamblers Anonymous?
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Old 10th October 2008, 11:48   #18
Cyberman
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NO!!! NO!!! NO!!! It's ALWAYS a gamble. It is NOT a science or anything like that. Have recent events & past events (Polly Peck et al) not taught you anything?

Yes, it's always a gamble. Banks have kept a lot of stuff hidden of Balance Sheet and thus the current mess, as has GB with with PFI. Some people never learn...... SMUG
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Old 10th October 2008, 11:55   #19
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I've bought some today

I sold up at FTSE 6300ish and vowed to buy back in at sub 4000.

Time will tell if I'm a fool or a genius
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Old 10th October 2008, 12:27   #20
Bob Dalek
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Why are you so agressive? Sexual frustration?

He asked "who buys all the shares?" Not is the stock market a gamble.

Now go and have a pot noodle and come back when you can be civil.
Touched a nerve, did I? Sorry old chap. Never mind.
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