<They are doing great I am expanding positions in all of them...I am having a GREAT year. Would you like to buy some more of JBIL?> Fenton White said in Jan 13 1998.
<I am doing GREAT...just bought more (JBIL) puts> Fenton White said in Oct 6 1997.
In both cases, Fenton's positions were losing but he stated that he was doing GREAT. Man...its okay to lose once in a while. I admit that my JBIL is not too hot right now, but I aint hiding it and tell people I am doing any good. Numbers dont lie and we all know what your numbers are, just as you know our numbers. I respect your insightful research (I like some of your picks too) on your positions but they arent making you money yet, so please stop acting like they are.
I assume that we all have a diversified portfolio so the rough spots are smoothed out by the performance of the others. That is the point of the game right? Every investors and traders have had gains as well as losses, even the greats such as Soros, Lynch, Buffett, and Charlie D. And they admit their losses too.
Many of us here are not profession traders, and we dont go in and out of positions to expand the others. Sure, if we have extra dough we ll buy some more of our fav stock, but as Rob said, money is a limited commodity. Let me crank out some more codes and I ll add some JBIL to my portfolio.
I am doing GREAT!!!!! <==========Caffeine just kicked in |
