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To: kinetic who wrote (467)4/19/2000 3:50:00 PM
From: Bald Man from Mars  Respond to of 669
 
<<Most investors cling
to emotion rather than reason here.>>

Not to mention 2 other things
1) what if I sell and it turns around and head back up
2) what if I sell and I put it into something even worse, and since it is already down so much, it could not possibly go lower ...

I find trading stock is as much as an emotional game than anything else, greed and fear ...
I am going to develop a mechanical approach to get the emotions out of my buy/sell decision ...
that is why sometimes even the simpliest moving average crossover system performs better than the highly skilled stock picker if he lets his emotion gets into his trading ...