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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (615)	8/25/2001 11:57:32 PM
From: isopatch	Respond to of 36161

Frank. Saw that post on the old thread<g> In response to your concern about getting locked into the bearish position and eventually missing most of the 1st leg up in the next bull market? Sure it can happen. Used to happen to me when I was getting most of my input from the financial press and media. They'll do everything possible to help you make that mistake<G> It's been their joy as long as we've had a stock market. Just UNPLUG from all that noise and do your own FA work independent of what anybody else thinks. For me the key is not to get emotionally caught up in a point of view. It's emotions that make us inflexible and take the mind out of the process of standing outside the chaos around us. And the best way to avoid that trap IMHO is to fire those who are paid to dramatize every tick in the market. Getting rid of all that bunk has improved my LT investment performance over the years AND freed up a huge amount of quality time for my family and hobbies. I'm very optimistic in Bear Markets because I always hold a lot of cash and see that cash getting more valuable every day the broad market drops.<g> It doesn't matter whether it's this November or 2 yrs form now. When the broad market indices are finished with this Bear Market, I'll be there with tons of dry powder. In the meantime, I've good sizable positions in the golds that I can add to and about almost 50% in cash. There's nothing I can think of to be pessimistic about. Careful? Sure. But, in spite of that, mistakes and occasional losses are part of this game. Just got stopped out of 2 positions on a incorrect call last week. But too pessimistic? No. I've learned from experience that if I get too negative, it dulls my alertness and objectivity in evaluating trends and when they are in the process of changing. Isopatch

To: Frank Pembleton who wrote (615)	8/26/2001 1:20:49 AM
From: t4texas	Respond to of 36161

ph. d. in econ copper Does have a ph. d. in economics. i saw the long term chart you linked. but it looks like recent copper futures may have put in a bottom -- at least it appears that way recently. we will see if the slight upward movement is the start of a bottoming process in copper -- or not.

To: Frank Pembleton who wrote (615)	8/26/2001 9:35:39 AM
From: Roebear	Read Replies (2) \| Respond to of 36161

Opinions?: securitytrader.com^BKX&ChartID=31309&ChartType=D

To: Frank Pembleton who wrote (615)	8/26/2001 12:42:00 PM
From: gold$10k	Read Replies (1) \| Respond to of 36161

Frank, my feeling is that it's ok to get as bullish or as bearish as you like as long as you don't get blinded by fundamentals (thanks, Slider) and let your beliefs get in the way of your trading. Easier said than done. <g> In the meantime, keep those articles coming. vt