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

To: Frederick Langford who wrote (21683)	10/15/2001 1:01:58 PM
From: TechTrader42	Read Replies (1) \| Respond to of 52237

BRCM made quite a move up since the start of October. I confess that had I been short (fortunately, I wasn't), I would have lost the courage of my convictions. I can afford to lose the courage of my convictions, but I would have lost a lot more, too. I would have given up and cut my losses. I guess it remains to be seen whether you'll be rewarded for stickin' to your guns. I wish you the best of luck with the trades. In this market, you have a lot more courage than I do. A friend of mine often says, "Being wrong doesn't hurt. Staying wrong does." But I guess staying right can be rewarding. He often holds a position when he just plain knows he's right, and he's often rewarded in the end. I've entered some of those trades with him -- seeing the same thing in the charts or the fundamentals -- and I've often given up long before he was proven right.