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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (6139)10/17/2001 7:08:07 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 8150
 
Your sentiment is exactly what will make these markets move higher... let me explain what I mean: these markets like to travel light, they don't want nervous nellies along for the ride... this is not to say you're a nervous nellie, not at all, but speculation is contrary to confidence... think about it, if something were a sure bet, there would be no reason to speculate... that same speculative doubt produces nervousness and a weaker position holder... when all the weak hands finally let go of their long positions, then these markets will run and leave them behind... this has always been the case historically... this is also exactly what happens to the day trader who gets stopped out of his long position only to find the market going higher anyhow... da cheif keeps saying there are plenty of others around to do all the worrying for us, I believe this is what he means... I'm holding my positions and will continue to add into any severe weakness, the world is not coming to an end... at least I keep telling myself that, and I may not be right but I believe it.....

GZ