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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: cnyndwllr who wrote (7256)8/31/2001 1:26:28 PM
From: Think4Yourself  Read Replies (3) | Respond to of 23153
 
Am really glad the folks on this thread can debate like this without it getting personal.

Actually think both strategies can be successfull and both sides can profit at the same time. Shorters are looking to sell overpriced companies while longs are looking to buy underpriced companies. This at least partially explains the divergent viewpoints. I honestly feel both are quite valid and defendable, as are the arguments for a rally vs a continued selloff.

But I'm going to be proven right so Nyaah!



To: cnyndwllr who wrote (7256)8/31/2001 6:38:44 PM
From: chowder  Read Replies (3) | Respond to of 23153
 
What if the market doesn't turn up after the next drop? What if something else pops up to cause it to drop further?

In a bull market you can time your entry level poorly and still come out looking like you knew what you were doing.

Can the same thing be said in a bear market?

It's tough being patient! It's tough trying to maintain control of your emotions. The anxiety, the excitement and the challenge of timing the bottom are too great for some people.

To sit and hold long term positions, knowing the market is going into historically, the most volatile trading months of the year, is akin to standing at attention and letting a Drill Instructor continuously slap you upside the head while you scream, "Sir, may the private have another!"

Put me in the same camp as Metal Trader. It isn't the bottom I want to time, it's getting on board once the trend has been established.

I recall as a young lad how important it was to get to the airport first, to be first in line at the counter and to be the first one to board the plane so I could have my choice of a window seat. (You could do those things back then.)

Now I'm thankful to get to the airport on time and see that the plane takes off on time. I just want to get on board when the thing is ready to go!

dabum