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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (28845)8/29/1999 3:50:00 PM
From: PMS Witch  Read Replies (1) | Respond to of 74651
 
Your post kinda reminds me of a Western movie where a farmer challenges a stranger to a draw. Turns out the stranger was Doc Halliday. Luck was with the farmer when the professional gunfighter, seeing no gain in killing the farmer, spared his life.

I saw that movie decades ago. I've never forgot the lesson about knowing who you're up against and I apply it to the market daily. Although I cannot assess the strength of my opponents (trade counterparties) with any accuracy, I can review my own abilities and proceed with caution.

I'm convinced that more money has been lost through over-confidence coupled with meager experience than general market declines.

Cheers, PW.