Vista sales continue to surge!

waterskidoo <water.skidoo.TakeThisOut@yahoo.com> writes:

> On 2007-07-24, Hadron <hadronquark.TakeThisOut@googlemail.com> wrote:
>> waterskidoo <water.skidoo.TakeThisOut@yahoo.com> writes:
>>
>>> On 2007-07-24, Hadron <hadronquark.TakeThisOut@googlemail.com> wrote:
>>>
>>>> The markets don't "lie". It's all in what information you read and how
>>>> you assess it.
>>>
>>> You are assuming that the information is truthful.
>>>
>>>
>>>
>>>>
>>>> What do you know about it?
>>>
>>> I know the odds of rolling a 7 or 11.
>>>
>>>
>>>> The point is with the "odds" is that they are based on nothing other
>>>> than frequency chances. Nothing to do with which number performs the
>>>> best in the current market climate.
>>>
>>> Correct because in the casino the odds are pretty much fixed based
>>> on the laws of probability.
>>> It's pretty much cut and dried where a more skilled player can
>>> improve his odds.
>>> In the market they are obviously not. The problem is that
>>> with the market one has to assume the information is truthful
>>> or depend upon a broker to work in your best interest.
>>
>> You mean a more skilled player like, err, a broker?
>>
>> Game over.
>
> For you yes it is.
>

And now you are doing a High Plains Thumper : getting owned and ignoring
it. Well done.

On Tue, 24 Jul 2007 16:31:48 +0200, Hadron wrote:

> waterskidoo <water.skidoo.TakeThisOut@yahoo.com> writes:
>
>> On 2007-07-24, Hadron <hadronquark.TakeThisOut@googlemail.com> wrote:
>>
>>> The markets don't "lie". It's all in what information you read and how
>>> you assess it.
>>
>> You are assuming that the information is truthful.
>>
>>
>>
>>
>>> What do you know about it?
>>
>> I know the odds of rolling a 7 or 11.
>>
>>
>>> The point is with the "odds" is that they are based on nothing other
>>> than frequency chances. Nothing to do with which number performs the
>>> best in the current market climate.
>>
>> Correct because in the casino the odds are pretty much fixed based on
>> the laws of probability.
>> It's pretty much cut and dried where a more skilled player can improve
>> his odds.
>> In the market they are obviously not. The problem is that with the
>> market one has to assume the information is truthful or depend upon a
>> broker to work in your best interest.
>
> You mean a more skilled player like, err, a broker?

What makes you think a broker is always working for the best victim of
a small investor? How likely is it that the small investor will catch
the broker at cheating? How likely is it that the small investor has
enough resources to get justice in the court system? What is the penalty
to the broker for getting caught? All cheating is not even illegal.

I read a story once, before the internet, about a broker that convinced
some mark to invest in a manufacturing company whose stock had been
loafing for the last 15 years. Only by whopping great luck, just after
the mark invested, that company branched into a new field of air
conditioner manufacturing, and the stock price took off. The company was
Fedders, and the broker got a nice gift from the mark every year.

The broker cheated. Only by staggering luck it did not matter, but what
if Fedders stayed stagnant? What would happen to the broker? Anything?
Lotsa luck.

> Game over.

Now you are just being silly.

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