Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Boca_PETE who wrote (12571)	3/1/2001 10:21:02 PM
From: Rillinois	Read Replies (2) of 42834

PETE from STAMFORD, CT, Re: Having experienced "the wrong road" related to the CTR1 mental "$84 Stop Market Loss", I can understand why he was reluctant to repeat that experience last fall. I sure can't. It seems to me Bob got it wrong both times. CTR1's decision to pull the plug if and when the QQQ's hit 84 was based on Bob fearing a winning trade turning into a loser after he already gave back much of the gain and not any sound trading advice. He let his emotions get involved and he sold on weakness. Something only little girls do. (No offense to the little girls out there.) CTR2's decision not to pull the plug was based on Bob fearing having to deal with an official losing trade and not exogenous events that he could not control. He let his ego get in the way and he held on to a loser. Something only market timing radio personalities do. Best Regards. Rillinois

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