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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Zeev Hed who wrote (61880)11/5/2000 5:43:36 AM
From: Crimson Ghost  Read Replies (4) of 99985
 
When Genius is Humbled:

A personal anecdote re: the market.

I have a cousin who is a genius at tech.

He thought he was a stock market genius as well. Made 200k trading between 1997 and 1999.

But lost 300k this year. Now down 100k net.

Wants me to bail him out which I will not do.

A word to the wise. ANYBODY can be hit with big losses if they get overconfidant.
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