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Tuesday, August 23, 2011 7:49:26 PM
So people who are trying to convince the realistic people like me are wasting their time. Go convince someone who is optimistic to join the band wagon.
Look at the indexes. There are plenty of good companies that make money, but when everyone is selling, then the stock prices go down. You trade on momentum and psychology, unless you plan to lock your money up for long term investments. And when i mean long term, i am talking about 5+ years.
Trust me, I invested a $1000 play money couple years back in a similar company that behaved almost just like thedirectory.com with one person acting as the CEO, CFO, etc. without a degree. And guess what happened to that company, it disappeared before the SEC got to the CEO.
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