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Strategies & Market Trends : MOVING NOW!
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: Susan G who wrote (5008)10/28/2000 6:59:39 PM
From: bobby is sleepless in seattle   of 8046
 
Hi Susan, affrimation to something we disussed yesterday.

Message 14659505

To: Threei who wrote (114)
From: TraderAlan
Wednesday, October 25, 2000
3:53 PM ET
Reply # of 126

3i,

Very timely day for your thread (and its title). I've been following
certain boards all day to reinforce my knowledge of market psychology.
Being a true believer can be very dangerous to your bottom line.

A little taste from you know where <g>:

"Never marry a stock position. Don’t bother to find out too much about
your trading vehicle beyond basic sector analysis. Swing traders
understand that stocks represent numbers and nothing else. Remember
that message board surfers don’t seek the truth. They seek validation
for their point of view. Participants find easy support for distorted
beliefs that make it difficult to exit a loser when it’s time to get out. Get
away from the boards for weeks or months at a time and realize that
only one point of view really counts when it comes to the markets."

Alan
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