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Posted: 4/29/2001 7:06:09 PM EDT
[Last Edit: 4/29/2001 7:08:59 PM EDT by lordtrader]
[i]Sing to the tune of American Pie[/i]

Humble Pie
------------------

A long, long year ago
I can still remember how the market used to make me smile

What I'd do when I had the chance
Is get myself a cash advance
And add another tech stock to the pile.

But Alan Greenspan made me shiver
With every speech that he delivered

Bad news for my trading
Affording that high priced hooker is fading

I can't remember if I cried
When I found my inside tipster lied
I lost my balls, fortune and my pride

The day the NASDAQ died


Bye-bye to the NASDAQ so high
Now my golddigger wife
Left me fo-or some guy

I no longer get my share of her hair pie
Oh sh*t you know what I realize?
Now his head between her thighs

Did you buy stocks you never heard of?
QCOM at 150 or above?
'Cos George Gilder told you so

Now do you believe in Home Depot?
Can Wal-Mart save your portfolio?
And can you teach me what's a P/E ratio?

Well, I know that you were leveraged too
So you now are taking it up your wazoo

Your broker shut you down
No more margin could be found

I never worried on the whole way up
Buying dot coms from the back of a pickup truck
But Friday I ran out of luck

It was the day the NAAAASDAQ died


I started singin'

Bye-bye to the NASDAQ so high
Now my golddigger wife
Left me fo-or some guy

I no longer get my share of her hair pie
Oh sh*t your know what I realize?
Now his head between her thighs

[:D] [:D] [:D]
Link Posted: 4/29/2001 7:09:50 PM EDT
Did you have a bad day LT?
Link Posted: 4/29/2001 7:12:15 PM EDT
No a good day actually. Got a rebate from my car insurance, slept till 11:00, went to the driving range, had popeyes chicken for dinner, got laundry done. Its all good. I'm just making fun of all the day traders.
Link Posted: 4/29/2001 7:19:18 PM EDT
It's kinda funny to watch those market reports on down days any more, when I first started buying stocks and MF's I'd sweat when they went down.  Hell, I have no clue what any of the ones I own are worth now, I do my best to just ignore it and hold on to them.
Link Posted: 4/29/2001 7:25:18 PM EDT
If you have good funds and solid stocks with at least a 10yr track record, you'll do just fine. Investing is slow and steady. Day trading is gambling. Those that were earning 80%+ return are now crying or are in bankruptcy trying to meet margin call. As for myself, I am happy with my 30% return at least its consistent. I am confident I can make that again this year. Already up 12% ytd.
Link Posted: 4/30/2001 4:17:19 AM EDT
btt.
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