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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (34562)10/8/2000 5:41:22 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
Jill,

I like your attitude. I have struggled with the last 8 months of a crappy market like everyone else. Thinking this wasn't a bear market despite the FED rate hike cycle. I actually began to worry Friday as the SP and the rest of the indexes broke key supports. And yet I couldn't trade the downside of the NQ. A personal hangup I will get over in a more normal market climate and not testing supports. I'm often stubborn and indifferent no matter how much my bearish friends fill my ears. I got to say the last 6mos. have been very troubling for me. Not in losses but the thinness of gains. I say I don't care much, but inside I have personal disappointment. But given my spirit I try not to let it effect me since I'm not materialistic just a few unmet goals. Have I let myself down, these are the questions I ask and am concerned with....the answer is no. But I'm very tough on myself. But, I give it day by day attitude and patiently await opportunity. This is my mindset...not the optimum trader in those concepts. Foolish I suppose in my expectations. I've always though time was on my side with practical understandings and trading...rational people are rewarded over time. If we have been in a stealth bear market these months I need to go back to school in the market.... though this year has the first phase bear market characteristics I have been long to oppose except for certain valuations.......these are my thoughts and why I post to others who have had such troubles. I still believe we have not entered a bear market but could be wrong? No inflation, Low interest rates, high employment, high productivity, low commodity prices and peace, what am I missing? 4/5% growth?

I must be a permabull, and am paying the price. I never believed in internet stocks.

Happy Birthday John Lennon wherever you are today.....