I might add, mo mo and blinded by being drunk on gains is sure fired way to be poorer.. Most investors are thinking wrong when the look at the market. They see a stock shooting higher, they see that as a strength, then their mind plays tricks on them, they worry about missing out, then start buying near the high in a pack like nature causing blow off tops that uses up all the buying power(everyone is having as party I want to be part of it), but when the market is down, they loss faith, (boy the market it looks bad) and they see the stock going lower, when they should be buying, one should realize that a lot of money has been taken out during a sell-off, it has to go somewhere, and that somewhere is the stock market. One must change their mind to make the bucks in the market. The correct way to see the market is backward and against human nature, but the emotion can be removed, and the mind set can be changed.
Greg--->QCOM, AOL, ATHM, CSCO, LU, BRCM, DELL, PCS, ANCR, RNWK in order of % of portfolio.. DELL used to be number one... The cream always rises to the top for me.. Beware of ANCR it's smc stock... |
