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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Enigma who wrote (493)10/13/1998 9:28:00 PM
From: ahhaha  Read Replies (3) of 2794
 
True. We may be in a bear market, but now is not the time to try to take advantage of that possibility, unless you're going short R. Hoe & Co.

We're due for an upside correction to the downside excesses. Ahhaha's Uncertainty Principle says that you can get when accurately or you can get to what extent accurately, but you can't get them both accurately, and you need them both to be successful at trading. It is my guess that the market has put in a bottom and will be advancing. It might advance sideways leaving you with lousy trading performance. A particular future doesn't exist now so it is absolutely futile for anyone including soothsayers to say what will happen. The only thing you can do if you're trading, is to take a position based upon the "right conditions". I believe that those conditions are in place. The conditions might be completely right, but that doesn't mean you'll earn a dime from it. I don't believe I could make money necessarily with next Thursday's WSJ in hand. When you have sufficient experience, you'll appreciate how profound and true that is.
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