Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Don Pueblo who wrote (8243)	11/26/1999 11:32:00 PM
From: Lost1	Read Replies (1) of 63513

My CNBC statement was actually supposed to be laced with sarcasm. I just didn't want to come right out with it in light of the beating some took today. A very wise man told me that regardless of what goes wrong with the trade..It's my fault. My responsibility. I can't try blame technical difficulties or UFOs for my trades going the wrong way. I've thought it through over and over..many, many times and it is absolutely correct. I've learned a great deal from following this ADSP episode as well. I've learned that being short a stock can completely destroy you if the wrong set of circumstances present themselves. Although you wouldn't expect what happened to happen as quickly as it did. It can and does happen. Even a BTC stop on that overnight short position wouldn't have saved them. Could have happened to me with CAMP. I realize now how lucky I was to get out alive. BTW--Great stuff over on Day Trading Basics thread at Market Spirit

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