THE FRIDGE
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The Dick in the Corner |
Everyone knows the basics of gambling and the basics of the stock market. Gambling- the house always wins, so if you're winning, leave the table. Stock market- buy low, sell high. Right? Easy? If you are never losing and your stocks always go higher than where you bought them, then yes, it is easy. I had this conversation with Big Eisy the other day, I asked him, "If your profession for one year was to gamble and then for the following year it was to be an investor, in which profession would you make more money?" Of course we both said gambling but then again, who knows...it can go either way. I wouldn't put my money on myself to win regardless. I also had this revelation- the guy that buys the ProShares UltraShort is like the guy that sits in the corner of the craps table and plays the don't pass line. For those of you too lazy to read that link and don't know what the don't pass line means- it is that dickhead who bets AGAINST everyone else. So when you hear everyone hootin' and hollerin' during a game of craps, you can see the dickhead in the corner reach for his chips to place another bet, because he just lost. So by him betting against everyone and the PSUS betting against the DJIA, we can tell that these are all cup half empty people. I wonder if there is a correlation between the DPL and the ProShares UltraShorters. Let's ask Big Eisy... |
BP - 5.6.09 |
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