Banks--- Betting on the recovery Message Board

STOCKTALK

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.

Non-Tech : Banks--- Betting on the recovery

WFC 83.43

-1.9%

Nov 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: tejek	3/7/2009 2:00:10 PM
	of 1428

The following was written by a trader on the TSCM site.....I think its very apropo....I know it is for me: "I am reading with interest the comments here on the CC regarding the psychology of the market now. I think that the tension here is a reflection of the tension among market participants in general. Traders have been in an increasingly volatile (and stressful) environment since at least February 27th of last year (look up the action on that day) and here is how I see it briefly. When someone experiences a highly stressful environment for a prolonged period of time many aspects of functioning deteriorate including the congitive (decision making) the behavioral (buying and selling) and the affective (sentiment). As these areas of functioning veer into the maladptive, participants can get knocked around a lot. This is, in part, why I have been espousing smaller positioning and tighter risk controls for a long time. The self aware investor here recognizes his/her personal vulnerability. I will be writing much more about this on my blog over the weekend and will reference it here next week for sure..."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next