SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: bela_ghoulashi who wrote (13694)4/15/2000 7:59:00 AM
From: techguerrilla  Read Replies (1) | Respond to of 35685
 
Hope can be addictive

As a "recovering alcoholic" of 13 years, I had no idea when I entered the market last fall that it would completely grab me by the throat.

I believed I was engaging in rational behavior by taking control of my portfolio. After all, my IRA was crawling along at a snail's pace, while my brother was making a killing.

For 13 years, I was able to avoid drugs and alcohol. COMPLETELY. I am surprised how the market became my new addiction with such ease. I joked at one point how the Porch on Friday nights was like a "Qualcomm Anonymous Meeting" when QCOM's "crisis" began in late January. But I didn't listen to myself.

The intelligence of this thread can keep alive that addictive hope, making one believe one's behavior is rational. Of course, I am speaking for myself, engaging in rather late introspection.

Decisions, decisions. I just hate to fall prey to handing my portfolio back to the money managers. Wasn't that somewhat behind what the Houses had in mind when this "process crash," labeled a "rotation," was set in motion a few weeks ago?

I'm rambling,
John