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Larry Muir wrote:
> I found out about www.lemetropolecafe.com by watching CNBC. They were
> interviewing a guest on their show and the web site was given.
>
> There was a cafe in Paris by the same name and some of the top intellectuals
> in the world would go there and discuss world affairs ie the stock market,
> economics etc.. This web site does the same thing.
> If you know some other sites where intelligent discussion takes place I
> would like to know. It is far far above the level of discussion seen here
> most of the time. I read a lot and it is rare to find discussion at that
> level.
> some of the top people in the world in these fields discuss these things. It
> is really interesting to say the least, and it gives you insight you can use
> to invest etc.
NW: I think that in the battlefield of market trading, the smartest people will
cancel each other out.
Most of these people are too close to the forest to see the trees and are the
last to recognize what is really happening. Only a few can win at the "I'm
smarter than you" game. In contrast, anyone can win who takes the position, "I
am an idiot, don't know anything, my next trade will be wrong so what am I gonna
do about it to turn this into a profitable strategy?" Speaking of total
ignorance, my 7 year old son
decided to draw a graph for me on Feb. 24, 1999 for what the stock market would
do for the rest of 1999. He doesn't watch the market, CNBC, or subscribe to the
Cafe Metropole. etc. He did it on a whim because he saw me trying to do
something similar. So far his graph has been very accurate, having nailed the
top in July. He has a bottom due for November. We will see if this is correct.
How do you explain this to the geniuses at the Cafe?
Bottomline, too much info just leads to analysis paralysis. Turn off the
noise and you may be able to tap into the global mass subconscience which
ultimately is what rules the tides in the affairs of mankind.
Cheers,
Norman
. I went to the site and you can get a 14 day free trial to
> access the site which I did. They send me email daily on gold usually. Free
> of charge...no charge. I have been sharing some of this info because I
> found it well written, interesting, informative, exciting, etc. I enjoy
> reading this stuff. I have been a trader and an analyst for about 12
> years,(you have to be an analyst to be a trader) I use technical analysis
> only usually, I trade my own account only. I am an armchair economist and
> enjoy reading about the market, economics etc.. Probably some people aren't
> interested in these things. It puzzles me when people don't like reading
> this stuff. Also this comes from some of the best minds out there, anybody
> should feel lucky they can read this stuff, it is better than reading boring
> stuff from unintelligent people . Me, I like all the info I can get, then
> i can try to put the puzzle together. This is some of the best info out
> there. If you have something intelligent to share, go for it.
>
> This is about trading or I wouldn't be interested.
>
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