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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.100.0%Jan 23 4:00 PM EST

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To: American Spirit who wrote (17652)6/17/1999 8:17:00 AM
From: HairBall  Read Replies (1) of 99985
 
American Spirit: Of course, I don't know your situation, but I "never" listen to what the talking heads have to say, other than for amusement.

I purposely do my updates each night with out looking at the futures or listening to anyone on TV or reading any newsletters, prior. I do not want to be influenced by what I am seeing or hearing from the paid touts with my own stuff. For well over a decade now, it has paid off for me...knock on wood.

However, I do read ever post on this thread and follow the links. So, I do read others opinions and I am influence to the extent that any opinion contrary to my own, will motivate me to look harder at what I am doing. Sometimes I have change my read, but not often.

Now back to your taking a defensive posture....I never beat myself up to much for that, there will "always" be new opportunities in the Market to make money, "always". Nothing wrong with protecting the nest egg. As the old gold prospectors knew...ones the grubstake is gone, the hunt for gold is over...<g> Just never stay in the cave to long...

Regards,
LG
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