Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Dave Kahn who wrote (2428)	12/15/1997 1:54:00 PM
From: Greg Luke	Read Replies (1) of 42834

"Active Investing" in the stock market requires patients and discipline. By active investing I mean, having the confidence to hold on (or hold back) until a market gives you some clear direction. I recall my father calling the market like this as being caught in a trading range. That is, the Dow is contained by psychological factors. As long as it bounces between Dow 8200 and 7400..we will not have the trend lines to guide us. We all make mistakes. I guess some make $10,000 mistakes..and others make $390,000 mistakes. My guess is she will have all her money back and a nice profit by summer. That is, if she has learned the lesson that impetous selling is just a dangerous as impulse buying! Greg

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