SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JeffT who wrote (58649)3/26/2002 9:03:37 AM
From: Stock Farmer  Read Replies (3) of 77400
 
It is easy to tell who is hoping for what by their posts, even if they deny having any such motives.......

Really? perhaps you've got a promising career waiting on Madamme Mimi's psychic connections?

Personally, I suspect you are confusing "hope" with "expectation".

Hope has overtones of desire. Expectation is more detached, clinical.

Much like a doctor does not hope that a patient is ill. Merely takes an objective view based on the symptoms, expects an outcome and then prescribes the optimum course of treatment.

You wrote: Hope is essential in all areas of our lives. Certainly in the stock market.

Yes, and no. Hope is essential in our lives. And while useful (we all hope for profit), it's dangerous in the stock market. Gets in the way.

A certain clinical detachment is necessary. Regardless of what we "want" to unfold (and whatever basket of emotions we attach thereto), the market is going to go where it's going to go. And that direction alone defines profit. If we let "hope" turn into its blurry cousin "faith" and ignore information... well we end up hanging on to loser stocks or missing great opportunities.

Which is precisely what the mass marketing machine of Wall Street is designed to trigger. It's a huge fool-money parting machine, and IT runs on fear and greed and hope and faith.

I personally think that if we remove a certain amount of emotion from the equation that the odds of profit are increased in our favor.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext