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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 246.76-0.5%Nov 14 9:30 AM EST

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To: AK2004 who wrote (3726)8/4/2000 11:27:19 PM
From: Monty LenardRead Replies (1) of 275872
 
albert, have you ever read Jessie Livermore? One of my favorite books of all time. Here is a quote from him that is one of my favorites. The last line is particularly telling.

"The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.

Even as a lad I always got my own meanings out of such facts as I observed. It is the only way in which the meaning reaches me. I cannot get out of facts what somebody tells me to get. They are my facts, don't you see? If I believe something you can be sure it is because I simply must. When I am long of stocks it is because my reading of conditions has made me bullish. But you find many people, reputed to be intelligent, who are bullish because they have stocks."

IMHO there is a lot of wisdom there.

Monty
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