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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Joe Smith who wrote (20414)	2/13/2000 8:18:00 PM
From: American Spirit	Read Replies (3) \| Respond to of 57584

Joe thanks. Nice to hear we all have had similar experiences. I guess the lesson is to really do your DD and then stick to your guns unless you're convinced you're wrong. None of us can be right even close to all of the time. And if we have a nice run, Like I did for three months until the first week of January (up 110% in three months) don't get over-confident because the market can humble you quickly. Today's genius is tomorrow's idiot sometimes. Learn when to rein in your risk and not be too greedy. Of course the flip side is that no risk, no reward. SO accept you're a risk-taker too. My mistake was to get too greedy but dammit I really thought I had a sure thing winner with BEBE at 19-21. Boy did that one teach me my limitations.