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Fool money or wise money?


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stolen
PostPosted: Fri Feb 10, 2006 11:55 am Post subject: Fool money or wise money? Reply with quote

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What is your opinion, do heavy-dealers aslo follow such forums? To my mind it is important to know what beginners in investment world think about i.e specific stock. Ih they are really fool and there are lots of them, then it shoud be possible to make money by knowing what a fool money thinks?

Stolen - the last fool
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frusnak
PostPosted: Fri Feb 10, 2006 12:09 pm Post subject: Reply with quote

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I would say that big money doesn't know or care that we exist. There maybe some average everyday shysters wanting to scam us though!
Hey, welcome aboard, glad to see your posting! Very Happy
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geb9696
PostPosted: Fri Feb 10, 2006 5:59 pm Post subject: Reply with quote

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Big money does not need to care so much about what we are saying because normally they beat us to most of the popular stocks anyway.
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$$bilyal
PostPosted: Sun Mar 19, 2006 12:21 am Post subject: Reply with quote

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The "shakeout" game is cruel enough IMO. But they probably don't have the time or inclination for much more than that.
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vetelmo
PostPosted: Sun Mar 19, 2006 10:47 am Post subject: Reply with quote

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Very doubtful big money movers look here for any advice as this place leans toward the novice investor.
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bradleyt
PostPosted: Sun Mar 19, 2006 3:38 pm Post subject: Reply with quote

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i agree, i would tend to think most of the big movers already have an idea of what the "herd" is already going to do, speaking of that there is a book out about the physchology of herd investing, i been meaning to get around to read it, but with school i dont have the time right now......
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The Jersey Devil
PostPosted: Tue Mar 21, 2006 6:56 am Post subject: Reply with quote

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If the big movers couldn't accurately figure out what the "herd" was going to do to the market then how did they become big money movers in the first place? I mean, just look at what Cramer does to the market - all he needs to do is hit the bull-button and the stock goes up 15% the next morning. Anticipating events like this is what I would imagine made the big money movers their money.
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