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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: E.J. Neitz Jr who wrote (36507)	1/2/2002 1:50:27 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

1:50 - going green ! (I hope). eom

To: E.J. Neitz Jr who wrote (36507)	1/2/2002 1:57:08 PM
From: E.J. Neitz Jr	Read Replies (1) \| Respond to of 53068

A good book for the Impatient: "Reminiscences of a Stock Operator". by Edwin Lefevre, published in 1923 as based on the stock market trading life of Jesse Livermore. It applies today as it did in the early 20's. Some Livermore "words of wisdom" "A man may beat a stock or a group at a certain time, but no man living beat the stock market." "The big money is not in individual fluctuations but in the main movements----that is, not in reading the tape but in sizing up the entire market and its trend." It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! The desire for constant action irrespective of underlying conditions is responsible for many losses in wall street even amoung the professionals, who feel that they must take home some money every day as though they were working for regular wages. Hmmm...Maybe I should re-read the book!