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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (8568)	4/23/2001 11:12:55 PM
From: peter michaelson	Read Replies (1) \| Respond to of 19633

Maybe some short-term Prozac will help your trading Paul. :-) I have experienced a different reaction. When a NVLS happens I sit there paralyzed with indecision - afraid to lose more and afraid to forego getting it back. It's only when the stock stops going against me that I can think long enough to cover, and that usually means it has peaked before starting to head back down. CCMP comes to mind on that one! That emotion stuff has to go! I have seen you mention yours before so I'm guessing it's a serious impediment for you - gotta figure out a strategy to deal with it. Thanks again for the memory information. Peter

To: Paul A who wrote (8568)	4/24/2001 1:17:48 AM
From: heronwater	Respond to of 19633

It goes lower. I call it "false prophesy fatigue". They call false bottoms so often, that investors give up averaging down or waiting for stable prices. Semis prices may become stagnate for sometime. Perhaps we see this stagnation late this summer. This may be my entry point or hopefully in October. jmho Last semi correction, I bought half in October thinking the other half would be bought year end during tax selling time. Gosh was I wrong! Semis moved up the last week of December and I paid way more the first week in January. Your short on NVLS 3 minutes before the rate cut, is the worst case of bad luck I've heard. No wonder you were pissed! -ng- When I find myself emotional about a trade, I nearly always close it out. Taking a walk to re-evalulate or paper trading has nearly always been my salvation. Remarkable how many times those paper trades on pure emotion are actually just poor trades. I trade on FA not TA, so my comfort zone is my trading style. My one claim to fame is this, "I am the Queen of allocation". I'm no Hank Aaron trying to hit home runs. This helps to take much of the emotion out of trading. We must all find our own little paths. Paul, believe it or not, you have found your own path in many ways. As an outsider, I have seen you mature since the days of ADSP. Perhaps your temperament has quelled more than you realized. Your instinct and observations are certainly much sharper. Best Regards, Isabel