On Mar 25, 7:02 pm, "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote:
> > Every time you buy a stock it's a 'total shot in the dark', eh?
>
> Nope. I'm a long term investor if you haven't been able to notice until
> now. The odds are stacked in my favor...
Every time you buy a stock you're predicting that a company won't fail
tomorrow, won't be sued out of existence next week, doesn't have
cooked books this quarter, or whatever.
(citations: Iridium, MCI Worldcom, Manville, Enron, Bear Stearns, et
al.)
Spare me your indignation, Fred.
You're a gambler, just like everyone else on this n/g.
At least I'm honest about it and take prudent steps to mitigate risk;
I admit that maybe, just maybe, everything isn't as Zippity Doo Dah
Wonderful as you and your fellow touts would like to believe (or have
others believe.)
I acknowledge risk in the market. That's why 80% of my ****t is in FDIC
backed GMAC CD's at this moment. The rest is in play on QID/QLD
momentum trades.
BTW... in business forecasting it is quite common to recognize
potential variations in interest rates and x-rates.
Today, I was working on repricing manufactured goods that we formerly
built in Canada and now build and ****p from Memphis. However, we sell
them in Canada, our price list is in CAD, but we invoice our VARs in
USD. Therefore, I would be remiss in my duties if I didn't consider
potential future exchange rate variances. That's why I asked the
question: "what's a reliable source for information on exchange rate
futures?"
It was (and is) a legitimate question.
Thanks for your kind offer of assistance, but you, Sir, can take it
and stick it in your oubliette.
..
..d
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