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Pastimes : NNBM - SI Branch -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (922)	12/8/2000 7:41:36 PM
From: bonnuss_in_austin	Read Replies (1) \| Respond to of 104160

Clap: Yes! selling -- good for you ... Also, as you say, <<At least I may be able to find some more opportunity.>> I'm basically for Gore for the simple reason is that Bush is an idiot. Nevertheless, if Bush wins, fine. Who cares. (Except for Supreme Court Judge appts -- real scary that, to me). All of political hysteria aside, what we all need to do is learn to become better investors. Getting the emotion out our decisions. I'm convinced nothing but time and experience doing it will give us the proper, unemotional POV to trade/invest successfully. No emotions particularly on the 'falling in love with a company/stock" phenom that cripples newer investors like me. Also, we need to rid ourselves of the "always optimistic" -- "things will turn out fine" emotion. Blinds us to the inevitable fact that we are always going to have 'bad times' in the market. I've always felt -- because of the professionals -- the Houses -- that anybody who wants to maximize their investments MUST BE EQUALLY ADEPT at shorting. Getting over the "buy always; never sell; hold long" mentality is a huge hurdle. I'm just beginning to short (via puts -- not as much capital and margin tied up (straight shorting is always margined, you probably know). I feel good about it. I think, BUY a few puts just in case. Have you thought about that? You're obviously comfortable buying calls. It scares me, but I feel better in case mkt tanks ... again. Just Porchin' ... (uh oh -- where am I? Is this "Voltaire's Stoop?" <g> My grandmother in Michigan always referred to the porch as 'the stoop.' Seems lately I've been on one, two -- three or more Porches -- I must be hallucinating, eh?) LOL. bonstrous ###