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Old 10-15-2003   #8
kath
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Join Date: Jan 2003
Location: California, USA
Posts: 1,340
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Quote:
Originally posted by Rolo@Oct 14 2003, 09:30 AM
Thats the great thing about the stock market, if there were no stupid daytraders, then it would be real hard to make insane amounts of money :-)

Stupid daytraders use stocks like gambling - they canīt go to the casino, so they invest in stocks using the same science to pick stocks as they would at the roulette table picking black or red:

"I got a good feeling about red - hold my rabbit foot - I will buy me some Acacia stocks"
OMG - this totally describes my cousins to a "T" - they are always trying to get everyone to invest in the stocks they've "discovered" cuz they've just got a good feeling about them.

Of course these are the same family members who crawl around frequently asking the stupid working stiffs if they can borrow some $$ to cover their losses (aka asses).

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