Originally posted by Bagpuss
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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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Originally posted by Bob Dalek View PostUtter 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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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.Originally posted by Bob Dalek View PostUtter 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".
It is still a gamble in these times though..."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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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?Originally posted by Moscow Mule View PostComment
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Well, there's good and bad gambles aren't there?Originally posted by Bob Dalek View Post
There's always the chance of a good gamble turning bad, but that's why you have lots of gambles to mitigate that risk."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Why are you so agressive? Sexual frustration?Originally posted by Bob Dalek View PostUtter 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".
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.The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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Originally posted by Bob Dalek View Post
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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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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