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Strategies & Market Trends : Trader J's Inner Circle
NVDA 178.44-2.9%9:34 AM EST

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To: Trader J who wrote (1691)12/10/1998 4:54:00 PM
From: Archie Goodwin  Read Replies (2) of 56535
 
A Stupid Trade Made (ASTM)

I bought ASTM at 4 3/4 out 6 3/16, BUT THEN....

... it appears my young playground friends from long ago were right; I do in fact have the brain of a mollusc. The last few years of learning---no emotional trading---no greed---do not succumb to hype---all that stuff right out the window. The centre of my intellectual activities temporarily wiped clean by some mysterious force. It re-instated itself about 9 o'clock last evening as I perused the threads. That feeling of impending doom as the frenzy grew and I knew "gap down" and stay down.Why? Why? Why--do I do this to myself. I KNOW BETTER. Well, as long as the interval in between these lapses increases, I will persist.

Sorry but I needed to vent.

Regards

A.G.

P.S. I bought 500,000 shares of FAMH today. I hear Ira Monas is getting back in. <g>
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