SI
SI
discoversearch

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.
Technology Stocks : INTEL TRADER
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gersh Avery who wrote (4106)9/25/1998 9:55:00 AM
From: smolejv@gmx.net  Read Replies (1) of 11051
 
Mr Smith goes to Washington (g). I see Jimmy Stewart read this reply at the Senate's hearing...

Something different - a quote:

Tewles, Harlow, and Stone (1974) report a study by Blair Stewart of d complete trading accounts of 8,922 customers in the 1930s. That may seem like a long time ago, but the human psychology of fear, hope, at greed has changed little in the last 60 or so years. The results of the study are worth considering seriously.

Stewart reported three mistakes made by these customers
(1) Speculators showed a clear tendency to cut profits short, while letting their losses run.
(2) Speculators were more likely to be long than short, even though prices generally declined during the nine years of study.
(3) Longs bought on weakness and shorts sold on strength, indicating they were price-level rather than price-movement traders.



from "Beyond technical analysis" by Tushar S. Chande

BTW: pretty much useless - something like "Omega for dummies"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News