Ah but the "long term" holder will be fine. You know, I'm in it for the long haul, blah blah blah. Alot of people simply let a trade become an investment because it went against them. Now they have to hold or actually take a loss, an honest to goodness loss. I have no pity for those that bought at 130 thinking it was a straight shot to 150 or 200. Geesh, we're lucky to be able to play this game, pushing electronic money around trying to make more. There was some guy/gal (freeus?) on the EMC boar who didn't even know if EMC was in the S&P500. A real investor there. Really did his due diligence. oh well.
sometimes I feel like I could go off on a Dennis Miller-esque rant, heh heh heh. But hey I've gotten my ass whoopped (sp?) severely and will probably again, but I ain't gonna cry. I consider myself forntunate to even be able to do this stuff.
IBM held 221 pretty well, futures are up big, I overstayed my time on the short side. Should have set my sell at 8 1/4 or 8 1/2, wasn't able to watch it yesterday. Oh well.
SPX should be stopped around 1818 on the upside, healthy correction lows should be around 1220. eh?
I caught a late showing of star wars, I wish I could have enjoyed it like I enjoyed the first one when I was 8ish. sniff sniff.
Cheers,
D
I have no idea who Kant is, I'm guessing he's guilt ridden? heh heh heh |
