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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (4144)3/26/2001 8:42:39 AM
From: donald sew  Read Replies (3) | Respond to of 52237
 
Haim,

In his specific case it was greed. I was a little early on being bearish and he did not buy something on my advice, where he did blame me to some degree. Thereafter he kept on mentioning to me how one of his collegues just bought and held and was saying how smart he was and did specificly mention over and over how much he was making. So in his case it was greed. By the way, that buy-and-holder is now getting his butt handed to him.

However you do make a case for stupidity/ignorance vs greed.
There is a grey area between ignorance and greed, where greed may have fogged the intellectual process of making an objective decision. Lets say that a person was fully aware of the bearish and bullish arguement, then it depends on how much greed played in the decision making. Now for one who was not fully aware of the bearish arguement, then ignorance was probably more the factor.