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To: Prognosticator who wrote (42514)3/28/2001 8:04:24 PM
From: chic_hearne  Respond to of 64865
 
Prognosticator,

I wasn't negative at the top and I probably won't catch the bottom.

Since I'm in the quoting mood:

One of the most helpful things that anybody can learn is to give up trying to catch the last eighth-or the first. These two are the most expensive eighths in the world. - Jesse Livermore

"The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong. Even as a lad I always got my own meanings out of such facts as I observed. It is the only way in which the meaning reaches me. I cannot get out of facts what somebody tells me to get. They are my facts, don't you see? If I believe something you can be sure it is because I simply must. When I am long of stocks it is because my reading of conditions has made me bullish. But you find many people, reputed to be intelligent, who are bullish because they have stocks." - Jesse Livermore

BTW- Ironically Livermore went long in 1933 and was wiped out.

chic