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.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pbull who wrote (9479)10/22/2002 1:19:41 AM
From: Sig  Read Replies (1) of 13815
 
<<<I'm just amazed at how the market works.>>>
Seems a balance of fear, greed, and confidence> I put confidence in because we are affected by whether
foreign funds will come here or leave. There may be less confidence in the US economy today but other countries are doing even worse, so I think the appeal of US securities still exists.
I am not yet seeking new LT investments since forecasts are running hot and cold. It will be time enough if the
Nas gets back to 1400,1600.(be neither the first, nor the last, they say)
Perhaps you note that I am mostly trading, trying to jump in just before earnings or else as soon as good ones are announced
An example of fear is this:
In a greedy spirit this morning I bgt ABFS which opened up then tanked and then came back.
Holders of the stock were waiting to sell on an uptick (very common today) since these rallies usually fail within days and they were fearful of missing the opportunity to sell.
. I have been fearful of the market going down and losing some profits on Ally. Forgot that I had my Jan calls for sale and sadly lost them.
So I have some regrets on losing the calls and probably the old owners of Abfs are having regrets over selling
too low.
In a post from Scott, it was pointed out that a person should decide or know what amount if any to invest
based on his own ability to handle the pain and risk.

<<< I guess I'll never learn, but I've always been fond of good businesses at reasonable prices, and I don't like it when the mo-mo guys are involved in the stock.>>>
No worry, you will learn alright if you stay with it, just takes much time. Since I dont learn much from mere words, I trade a lot with slow but continual improvement
Sig
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext