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Strategies & Market Trends : Giant LEAPs...
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To: jeff nightbyrd who wrote (38)3/15/1997 10:46:00 AM
From: William H Huebl   of 315
 
Hi Jeff,

It is not easy having the market tell you that you are wrong... it has happened to me so many times I have lost count. So don't feel like a Lone Ranger.

On the positive isde, this can be a "lesson learned." Of course, this is not to say AOL will hit EIRTHER 15 OR 100... just that we need to listen to what the market is telling us and abandon wishful thinking as part of our strategies.

I have posted in front of me at all times I am working on my investments, the following: "HOPE IS NOT AN OPTION." This means you can't let wishful thinking be your guide. THAT DOESN'T MEAN YOU CAN'T TAKE A FLYER NOW AND THEN... but it means you should be realistic in your expectations and learn from the markets.

Good trading,

Bill
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