Hi Jay, <<Crisis = Partner, Volatility = Friend, Lonely Path = Right Way, Survive = Fight Another Day>>
I believe successful investment is mostly dependent on studied allocation choice and deliberated entry of positions, perfected with a dash of courage and embellished with a dollop of luck. Avoiding large and possibly fatal mistakes is a must.
Once the allocation decision is made, and the basic positions entered into, at the margin, the fun of the game, and thus the return, can be enhanced with the old in/out trading, furious if necessary, based on technicals, or gut feelings.
Trading is an art, having almost nothing to do with fundamental analysis, deliberation, or any other cerebral function.
So, go forth, fear not, be in tune with the Force, leverage its strength, as in Judo, strike, but strike hard, as in Karate. Then, as in thieves in the night, take the money and run, fast, silent, into the shadows, away from the crowds.
Stop, turn around, stay low to the ground, view the chaos left behind, take aim, through the cross-haired scope ... but oh, who do you see? Maurice, sitting in his sandbox, waiting, playing a game he thinks is not zero sum:0)
Chugs, Jay |
