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Politics : High Tolerance Plasticity
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To: MetalTrader who wrote (7464)9/6/2001 8:08:34 AM
From: Think4Yourself  Read Replies (1) of 23153
 
re: The reasons you give for buying it at 12 haven't changed and were justifiable reasons to buy it at 45.

Strongly disagree with that statement. I would probably have been a shorter of ORCL above 30, but have been a buyer from 13 down. There are vague points everyone has in their mind where the price is too high to buy/cover and too low to sell/short. You can see it happening right on this thread.

I remember the study you refer to. Also found that comment interesting: You never hear from the exhausted sailor who was nearly to shore when a porpoise showed up and pushed him back out to sea.
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