exSpurts?

[David M. Porritt]

Brian:

I'd agree with you on this for most fields of endeavor, but not the stock
market.  It is run on an emotional level.  To truly know what the stock
market will do you'd have to know the moods of the traders.  It tends to
climb to heights beyond it's real value because of greed, then fall far
below it's true value because of fear.  If one could figure out the moods
of the big traders before they got into them, you'd be very wealthy.

dave

*********** REPLY SEPARATOR  ***********

On 5/5/01 at 2:45 PM Brian Trout wrote:

>Hmmmmm....
>
>Interesting concept, Don.
>
>I'm not 100% sure exactly what you had in mind with your remark.  Were you

>saying that we tend to be a resourceful group who can successfully do some

>stock speculation???  Or were you saying that maybe we should stick to 
>tuning pianos and let stock trading to the experts???
>
>I don't know if I might be stepping on hallowed ground here, but not all
who 
>profess stock speculation 'know-how' know as much as we may think they do.
 
>(Actually, that translates to many career fields.)
>
>Normally, when there is something we are unfamiliar with, we tend to think

>that those who are knowledgeable about that subject are somehow special, 
>that they know something that we can't possibly know or understand.  
>Hogwash!!
>
>I believe that many of this world's population are far more capable than 
>they ever give themselves credit for.  It's more a matter of study and 
>application of those things you learn.  To take this "stock thing" a
little 
>farther, I believe that there are quite a few among us that could easily 
>outperform many of the financial indexes if we simply studied and learned 
>and applied those things to the real world.
>
>Other people don't necessarily know what you think they know.
>
>Keep learning.  Use what you learn.  And if it happens to be making good 
>stock trades, so be it.
>
>Just my opinion.
>
>Brian Trout
>Slidell, LA
>trouts_place@hotmail.com
>
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David M. Porritt
dporritt@swbell.net
Meadows School of the Arts
Southern Methodist University
Dallas, TX 75275