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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (46840)	12/12/2000 8:54:28 PM
From: maceng2	Read Replies (1) \| Respond to of 436258

Heinz, Thankyou, your comments are appreciated, not by just me I am sure. Although I speak disparaging of my long positions, they measure my success on the poot side. i.e did my longs go down? If so, did my trades on the bear side compensate or did I do even better? Having a long position also helps the learner trader on the bear side from being blindsided with a huge upswing. As we go down, it's always a possibility. One thing I note is, it doesn't matter how much your stocks gets trashed, you always get to trade the same number of them with long positions held. Yeah.. OK your wealth is not protected, but from a trading learning POV..helpful. I don't know how many trapped clowns are out there. I feel there are lots who are more then willing to sell and get their money back on any upswing. And in that case who would be daft enough to put there money in the markets now? I do listen to sorts like da_chief and VENKI but I believe such traders/investors are in the minority. Being a clown under todays conditions, with bad news all over the place, just does not pay for the risk taken, and most clowns do not like risk IMHO. Sure, bubble vision can convince a few for a while, but after they see there money get whacked by 50%+ losses they give up. Stands to reason. A sustained rally would set the bears up for a big win in my view, within a month or two later. I would need luck to make more money right now as things stand, unless we see a BK or a "correction" -g- Sooooo, Wot's the guesses that my few T Jan 17.5's don't double up by next Friday so I can sell half of them ? Bought at 3/8's, down an 1/8 from yesterday??? siliconinvestor.com Have pearly's boots got too big for him yet? Interested parties wish to know, not least my wife who has a long XMAS shopping list -g- pearly