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Jpilleafe@xxxxxxx wrote:
> In a message dated 4/10/00 8:41:20 AM Pacific Daylight Time,
> nwinski@xxxxxxxxxxxxxxx writes:
>
> First of all, aren't in the market to make money. They only think they are.
> The real reasons are to get some excitement out of their otherwise boring
> lives or to vent some neurosis left over from their childhood.
> ***************************************************
>
> Norman,...
>
> With an attitude like yours it's fairly easy to see why it's hard for
> you to attract/keep subscribers. And this posted to RT forum
> where most everyone is in the market to make money (read..
> unlikely potential subscribers).
NW: This is not an attitude. It is an observation based on being in various
aspects of the trading business for 25 years. Additionally, my wife was a
commodity rep. for 17 years. That is a combined
42 years of experiencing and observing other people trade. If that is not
enough, I have studied consumer behavior. I have watched people study the OJ
case, had me tell them that there was a cheaper OJ that was the same stuff, but
they insisted on buying the higher priced OJ and got angry at me for telling
them about the good deal. Most premium OJ comes from the same place. Ever watch
where there are two gas stations next to each other and one is substantially
cheaper than the other? Many will fill up at the higher priced pumps even
though everyone knows that the gas may be the same. Yes, one of my big
revelations in life is that contrary to what Adam Smith would like you to
believe, people are not totally rational and money is way down the list for
motivation. Just read Masilov, Managerial Behavior and what motivates people.
Most people do not put money as their number 1 motivation. I was shocked to
learn this, because as you have alluded, money is one of my prime motivations
and I falsely assumed for much of the first half of my life that most people
were like me. Wouldn't that make the world be a better place? <G> Now, I have
seen the light! .
> As for criticizing my FREE comments that I voluntarily posted on this list,
> I think you got your money's worth. I don't see Morgan Stanley, Goldman
> Sachs, The Prediction Company, Eli Lilly, Merck, Amgen, IBM, or GE, giving
> away details their research. Why should anyone? What I do is point others in
> the direction I am looking. If they are capable of doing their own research,
> they can check it out on their own. If they can't do the research and are
> interested in pursuing it, they should either hire someone who can do it for
> them or learn to do it themselves. I am not here to spoon feed anyone, and I
> don't think anyone should have the expectations from anyone on this list that
> they should be spoon fed. The most anyone can expect is to be pointed in a
> direction or have something brought to their attention and then its up the
> recipient to do proper due diligence research.
Motivationally,
Norman
>
>
>
> And while we're at it,...near the end of 1999, ...on RT you posted that
> there was a major change in trend due for US markets 02-29-00,...
> but despite specific requests for clarification,..never a follow up.
>
> Same for upcoming month of May, 2000....it is to be "huge".
> Just what does "huge" mean,...a likely high or a low,...or nothing,
> ..just another non-actionable riddle.
>
> Is your real intent to attract subscribers or to share ideas?.
> This isn't meant to offend you,...just know that others view
> RT forum as a place to share ideas openly.
>
> Jim Pilliod jpilleafe@xxxxxxx
>
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