Thursday, February 01, 2007

Leaders or Laggards

In horse racing, as soon as the horses have lined up for a race, all betting will be stopped. After you have placed your bets, the only thing you can do is to watch and wait. You can only count your winnings or your losses after the race.

Now, if there is one special race course which allows you to place your bets, add more to, or lessen them even when the horses have jumped out from their start-ups and during the race, wouldn’t you have tremendous advantages to bet? You are also allowed to take your profits or cut your losses during the race. In other words, you can do live betting, just like in soccer.

There is indeed such a race course. It’s the stock market!

Using the above scenario as an analogy, which ones will you choose, leaders or laggards?

The above is only an opinion. You have the rights to differ.