--- In FairfieldLife@yahoogroups.com, "Buck" <dhamiltony2k5@...> wrote: > > So if I am reading you right here, the market differential > here would be in "hope". Different people are going "long" > and "short" in "hope".
I've been actually thinking about this word "hope" lately, and so will reply. I honestly think that you're confusing the word "hope" with the word "faith." You may, in fact, equate the two. I don't. The people I know who have "walked away" from one spiritual trip or another are on the whole far more hopeful than the people I know who have picked a spiritual trip and "stuck with it," no matter what. I honestly think that the distinction you're wanting to make is between those who choose to maintain faith in the TMO and those who do not. "Hope" is not affected by the latter. > Those who are hopeful (buy long to hold), those who don't > hope one way or the other (hangers-on/hold who don't pay > much attention), the lost hope who leave the market (sell) > and those who are actively without hope that act on it > (sell short). Replace the word "hope" with the word "faith" above, and yes, by Jove I think you've got it. :-) Except for equating "selling" with "leaving the market," that is. Do you think that those who "sold their stock in the TMO" and moved on to other teachers "left the market? Do you think that those who chose to strike out on their own and invent their own spiritual path "left the market?" I think of it more like they just changed brokers. :-) > Those last real hopeless who actively go "short" and work > at it covertly are different cats. You can see all of that > with TM and the community. It's an interesting analysis > that kind of opens it up. I thought so. The "time lag" my friend perceived and made a fortune from between the time that an investor first has doubts about the worth of his investment and the time he does something about it seems to map well for me to the decision a seeker makes about going "long haul" with a teacher or an organization and "selling short" and trying something else. I've certainly noticed that time lag in my own life, and have seen it in the lives of others. > In any conversation around FF at any table, in any room, > or with any group there is always a calculation of where > people are on this. It kind of determines what and how > you can say things to people. People are really pretty > good with each other here that way. I can imagine that the politically-correct thing to do would be to avoid topics that might offend what you know of your companions' beliefs and sensibilities, yes. More of an English tea room than a saloon. :-) Not that there's anything wrong with that. :-) > Good observation Turqb. Thanks. Thanks for following up, and with info on short selling, for those who didn't know what it is. It's really a curious invention, something I was completely unaware of until I started doing com- puter consulting for Wall Street firms. I'm just not an investment kinda guy, so the notion that you could make money by predicting a *loss* on something just blew me away. My intuition has treated me well in casinos, but there the game is to predict the winners. With short selling the game is to predict the losers. And it really "fits" with some people's predilec- tions, like my friend's. He has this kind of "disasterdar," and can see the bottom dropping out of certain stocks long before they do. That enables him to make money *as* they do. He's kind of a free-willer in a determinist market. When he "sees" something, it's for him a Done Deal. 9 times out of 10, when he "sees" a stock tanking, it does. So that part is deter- ministic. But what he *does* with this "seeing" is free will. He finds a way to turn it into money.