Eichler,
If one places their bet in moderation, sets their stops, and just lets things happen, I'm sure you and I agree, it keeps the emotions out of it. Frankly, I am happy when my stop gets hit. I know I did something right!
I'm sure we all experienced what Mr. Price is going through. The difference is, some choose to vent their frustration on others and poo poo on the very investment that they hold, possibly doing more damage.
Then, often times, the stock starts to go up and they sell out too soon being happy that they got their money back. And usually what comes next is that the stock starts to rise even more and they start kicking themselves because they got out too early. Then, they make an irrational decision to jump back into the stock, only to have caught a top and suffer once again.
Emotions are a killer.
By the way, I too am in this stock for technical analysis reasons. I believe Mr. Price has insulted the very institution of technical chart readers by his flaming, filthy tongue.
Good luck all,
MrBuzz
www.whats-the-buzz.com |
