i am out for now, page-41

acorn,

"(Buddy,
I think I picked up the shares you didn't get. Lets hope we've got it right!)".

I am confident we did, acorn. As long as you don't think that you can turn them into a fortune overnight, and as long as you have patience.

There are two types of people who trades shares:

1) The traders, who turn shares on a regular basis, and
2) The long term holders, who are prepared to sit it out, and wait for the fruit to ripen.

I fall in most, if not all of the cases, in the second part of my definition, because I feel safer to do so, because I want to take advantage of the Capital Gains Tax relief provisions, and because I personally found that in most, if not all of the cases I have invested in, the shares will turn around in your favour if you are prepared to give it time.

With this in mind, I do not misrespect the ideas of people who are prepared to, and are happy trading on a daily basis or the T+3.

Good luck to everyone and, to each his own.

There is an old saying in Italy that goes like this:

Il mondo e' fatto a scale, C'e' chi scende e c'e' chi sale.

Translated in English in the best possible way, it goes like this:

The world is made of steps. There is always who claim up, and the one who claim or tumble down.

THINK ABOUT IT MY FRIENDS, BECAUSE IT DOES MAKE SENSE.

Buddy