By Truth B Told on 11.21.08 12:06 am

Maybe this exemplar will help?

The Contest

Sister Mary burst into the principal’s office and cried, “Father, just wait until you hear this!”

“Calm down, Sister Mary. Now tell me what has you so excited?”

“Well, Father, I was on my way to chapel when I heard some of the older boys wagering!”

“A serious infraction, indeed!” said the priest.

“But that’s not what made me so excited, Father. It was what they were wagering on! They were betting to see who could pee the highest on the wall!”

“Incredible!” exclaimed the priest, “What did you do?”

She said, “Father, I hit the ceiling!”

He mused, “So how much did you win?”

By cf on 11.20.08 3:02 pm”

I don’t know what is more pitiful…your apparent lack of intelligence or the fact that you seem to be completely out of touch with reality.

Almost two years ago Garth made predictions that the events we are now seeing would occur. I suggest you pay some attention, rather than simply slagging Garth.

My wife and I did pay attention and including yesterday’s stock market noze dive our prudence has saved our retirement portfolios over $127,000. The way I see it, reading Garth’s postings is one of the most prudent and profitable things we can do.

By Go Green on 11.20.08 7:07 pm

We had a grade ten math teacher back in Sask. who had taken an extension course from Queen’s on investing in the stock market. One of the exercises in it he told us was to take a deck or doble deck of cards, write the name of every listed company on a card then shuffle the deck thoroughly and deal your self a hand. Invest “theoretically” in that deal plus set out another theoretical slate of investments using your best training in the fundamentals of good investment practices. Time and time again it has been proven that random deck of cards hand investments frequently have beaten the best choice practices slate over a five year period. Another maxim has been that you are far more likely to win at the race track than the stock market.
I wonder in this current sharp downturn if careful handicapping at the betting parlors is far ahead of the stock market. I know very little about handicapping but there were 2 or 3 guys in the steel mill who made out like bandits at the races. They might only bet one or two races, but they knew what, when, and where to bet from following the racing form papers every week.