Over the past week or so, I have asked myself that question several times. Why am I here(at StockBuz)? The recent negativity and personal confrontations were making me doubt that there was an upside to staying a member of StockBuz. But something I couldn't quite put my finger on made me stay the course.
Then several days ago, Runnin' with the Bulls shows up in chat. He has been busy with college courses and hadn't been watching equities or the market in general very much. He posed a question about the selloff in US Steel (X). Within minutes he had an on the spot fundamental and technical analysis of the stock. At stockpickr, if he had asked the same thing, he would have had to wait hours or days for both viewpoints if he had gotten them at all. With Twitter, well, I don't think I need to explain that one any further.
Last night, Papu shows up for awhile. Questions are posed to him reference gold and the Indian(as in India) wedding season. He explains that gold generally peaks(short term at least) in the beginning of May. He cites both the wedding season and astrological reasons for the peak. His perspective on gold was unique to say the least.
These two examples made me realize why I stayed the course. I stayed because of the access to diverse perspectives and the willingness of members to be helpful and share information. Think about it. On any given day, you can discuss forex, futures, commodities, options, bonds and equities. And the discussions can be framed in technical, fundamental, and/or geographical contexts. Furthermore, it's, generally, in real time. What's expected in return? Nothing, except the same in return when the opportunity presents itself.
I feel that we belong to a very unique community that allows access to diverse opinions, analysis, and information. If I were given the choice of either being a member of StockBuz or joining one of the "Guru" sites for free, I would choose StockBuz everyday of the week and twice on sundays.
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