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private_wealth

03/09/10 1:20 PM

#57965 RE: richard.w #57963

So i can post here without getting grief from the peanut gallery.

15mm shares is enough for me to have an opinion.

Every year I see someone on TV who won the lottery , too.

How many on the Forbes list are penny investors? How many on Forbes list in Utah?

Zero and Zero.

Its a crapshoot at best and to expect any different is silly. Bulls Bears and PIGS. Take some dough where and when you can, won't be anyone retiring on this thing except MD if he keeps his job long enough.

XBladeRob

03/09/10 1:21 PM

#57966 RE: richard.w #57963

You have no ability to discern that bottom from previous or future bottoms, or what sent it there!

It's easy to get excited on tripple digit returns in hindsight. But how many people foresaw the destruction of wealth that took us there? How much was lost before these few people were able to secure positions that low?