To: Bill F. who wrote (66108 ) 8/12/1999 3:58:00 AM From: PaperChase Read Replies (3) | Respond to of 132070
Therapy Session #1 for da bears is now in session! Yes Mr. Fleck- I do care about you and will offer you this therapy session for free...a bonus for knowing PaperChase. <g> Let the healing of the bears begin: The ego is a very important part of the psyche. In his book, Out of the Box for Life, Dr. Berland discusses the influence of our ego in our everyday life. The purpose of the ego is to maintain rigid control over our lives and ultimately our decisions. As Dr. Berland notes: "The ego, which can perceive only from a limited viewpoint, is the lens through which we see life. When the ego feels fear or is threatened, it instantly resorts to its tried-and true methods to guard us from danger or potential pain. ...most of the time the perceived threat is to our pride or self-image." This of course shows the direct correlation of the role of the ego in the bears view of the stock market. The ego of certain bears continues to falsely believe that MU should be $6 (not $68) and GTW makes crappy boxes (as its stock splits)...in order to insulate the mind from the painful truth of reality. In deed, the ego is being allowed to run the bears' lives in an unchecked fashion. Truly, bears now find themselves "in the box". On page 116 of the good Dr.'s book, he describes the role of the ego and the concept of fear: "So many things frighten us---speaking in front of groups, meeting new people, being intimate, being alone, changing jobs, flying, dying, the list could go on and on. From in the box, our fears often consume us and stop us from having or doing what we want. We are, as the box implies, trapped by our fears, many of which compromise our sense of being fully alive. ...Fear is one of its (the ego's) favorite tools." Alas we now know why some continue their impending doom articles, day in and day out. It is rooted in one's ego, an ego trying to maintain control over one's life, an ego that is allowed to dominate and control in an unchecked manner. And it is this ego (like everyone's ego) that sees reality from a limited viewpoint. In these extreme bear cases, it is important for the patient to realize this negative influence of the ego and to take steps to contain the ego's controlling influence on the view of the investment world. Remember, the role of the ego is to control, even if that means keeping one feeling safe in a negative view. The solution is to view life (and the market) from out of the box. This will be discussed in the next therapy session for da bears. Please consider purchasing this exceptional book. It will help you in life and in the market. Out of the Box for Life (Being Free is Just a Choice) by Warren Berland, PH.D. Amazon link:amazon.com With godspeed, -PaperChase (a former Bear)