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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (96550)4/19/2001 6:57:51 PM
From: GraceZ  Read Replies (3) of 436258
 
Only question is who is being trapped...bullClowns or bearClowns?

The slow to adapt in both camps. If you liken it to what happened coming off 5000, you'll see that people will continue to use whatever strategy worked for them prior to the reversal, even when it clearly is working against them. This is why people give back their gains. The people who will be the slowest to adapt to the new regime are those that have no real experience with loss. The market never really moves for rational reasons, the sooner you can abandon thinking that it should the better off you are.
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