Skewering of Leftist Economic "Conventional Wisdom"

[ZeroJunk]

Originally Posted by Chicks

So you’re not really an investor at all, you’re a speculator. Sigh. Speculators rarely win, it’s basically betting, not investing. Unless, of course, they have insider help.

That's bullshit. There are traders that make good money at it and all they rely on are the charts, candlestick patterns, or whatever works for them.

And, shorting is a necessary aspect of the market. Otherwise how would you ever establish the value of a stock if somebody didn't say no, I think it is overvalued.

Subscribing to a real time charting service is expensive and what is really somewhat entertaining in the beginning becomes a job very quickly.

From your post in your case it would be betting and no doubt something you should avoid.