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.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (44808)1/5/2001 7:27:10 PM
From: Tradelite  Respond to of 57584
 
Crane, just read your post again...in which you said:

<<In other words, the only view I believe in is that we must let the market direction tell us where it is heading.>>

That is exactly what I have told my clients hundreds of times over the past decade-and-a-half.

In other words, "no matter what you think your asset is worth, the market will determine what it is worth, and if you want to sell it, you will sell it at market price, period, or die in the attempt.>>

There IS such as thing as "buying back your own property" by turning down offers to sell at market price.

I'm guilty of the same stupidity in this market right now.



To: Tradelite who wrote (44808)1/5/2001 8:50:16 PM
From: The Flying Crane  Respond to of 57584
 
Tradelite,

The article you posted further convince me that this year is definitely the "Year of Trading Dangerously"!

Thanks.

Be careful out there!