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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.23-1.4%Dec 1 3:59 PM EST

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To: Dutch who wrote (23150)6/21/1999 3:03:00 PM
From: Zeev Hed  Read Replies (1) of 93625
 
Dutch, you would be surprised how many people go down the drain following their "emotions", spite and anger amongst these. Longs often "average down" emotionally, and shorts keep adding to their losing positions. They all call these "their conviction", but it is,, IMHO, the inability to admit rapidly that one is wrong, and statistically, I would say we are all wrong a good 40% of the time.

Zeev
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