|
>>>>>>Off-topic<<<<<< Hear Ye! Hear Ye! We're all emotional gamblers. How many of us have said [about stocks or something else]: "If I get out of this with my finances, pride, honor, health, etc. intact, I'll swear I'll never be stupid enough to do it again?" The real test is not just saying it, of course. The real test is first getting out in one piece and then seeing what one does the next time he's confronted by the same situation. Some of us are "pure" EGs - the momentum investors; some of us are EGs who like and use TA; others of us EGs who prefer to use FA.......When a good stock like QNTM loses 50% in a little over 2 months, most who went along for the ride without bailing probably feel like they were kicked in the teeth, regardless of their expertise or motivation for hanging in. [Covering all bases, I suppose a few could feel elated - if so I'd have to say they have masochistic tendencies, and that O.K. by me]. When the stock has days like Friday, everyone still in the stock should feel good [and appropriately anxious about the continuation, or lack thereof]. I do agree that often when one rides a stock from the highs to the lows and then bails when it returns to breakeven, he often regrets it because the stock continues to go up. ALL OF THE PRECEDING, OF COURSE, BEING IMHO. |
