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Politics : Welcome to Slider's Dugout

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To: RonMerks who wrote (5029)4/21/2007 6:40:13 PM
From: inchingup   of 50742
 
"Go add up how many index points you would have bagged by simply following that chart."

Easy to say in retrospect. Real easy.

"And that lesson is to not let your emotions and your beliefs cloud your trading vision."

I rely on my DD. If emotionally my stock looks like a winner, and I believe it will go up, I buy it.

"Now honestly tell me with a straight face that exiting last May and then playing the 'TRADING RANGE' as the SOB has posted now 17-20 times- was not the play?"

If I could make ten perfect calls like that in a row I'd be making an offer to purchase the Bahamas, all inclusive. So would you. Get real.

"That May collapse was as bad as the collapse back in 1980-81. It didn't just crush the hopes and dreams of gold bugs. It tore out their heart and stomped on it."

I've owned physical since it was in the very low 3's. It didn't bother me a bit when it tanked and still doesn't worry me today. If I had put real $$$'s in the bank and collected interest instead of buying AU, I'd be substantially poorer, even if AU dives back to $500.

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