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Pastimes : Richard Ney and the Wall Street Gang

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To: Robert Graham who wrote (178)2/22/1998 6:03:00 PM
From: m-top  Read Replies (1) of 492
 
Bob, good post. I agree with you particularly in regard to people seeing what they want to see. Its a tough habbit to break and many aren't even aware they do it. I always make a conscious effort to try to evaluate all possible outcomes of a given trade - the expected and the unexpected. Its easy to jump to a conclusion and go with it. The real work is not in determining what is right with your analysis, but in determining what could go wrong with your analysis.
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