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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Math Junkie who wrote (16836)10/7/2002 8:56:32 PM
From: Tim Bagwell   of 42834
 
>>>By holding on through whatever trough might still be left, he left open the possibility of at least mitigating the losses for the record.<<<

That is exactly why I'm convinced Bob was completely confused about the bear market. He placed a huge bet on a surprise rally in a downtrend with no judgement of risk and no plan to exit if wrong.

How many people have been taken to the woodshed by the great bear because they made just one bad mistake and then tried, in vain, to cover it up. It seems like greed and ego overpower even the best of men.
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