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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (12794)	1/5/2002 12:00:49 AM
From: pezz	Read Replies (1) \| Respond to of 74559

<< did anyone, but any one at all expect the market to tank in the first quarter? No. None. Nadda. Absolutely no one. >> Well, then they must all be makin money ;^) <<I am guessing that your outstanding result in 2001, more particular your performance in the latter half, is an accident of investment genius in an up-market mixed in with the occasional luck of not being in the wrong shares.>> LOL well ya covered all the bases that's for sure. Actually I did take a few chips often the table late this after as one of my thin little issues ran up 40% in four days so I took advantage of the volume to sell some.....Of course that only means more buying power for the next one. <<requiring no 'financial reset' ability. >> I've lost it all [ save about $50,000 ]twice before and came back.........But I don't wanna hafta do it again. And no there is no reset button. In fact I am $40,000 in CC debt. I could pay that off easily enough as it's a pretty small part of what I got but for some reason I just can't... <<because science fiction is only convincing up to a point, >> I defer to Jacob's post. "liquidity will create a floor"I will go one step further. Liquidity will support the next bull. I'm sure you've read Adam Smith's "Money Game" Remember the great Winfreds kids?...Well of course I ain't a kid anymore but I must think like one. I must speculate like I believe in the Bull. Caution will only hurt me now. I depend on my stock selection to protect me. I depend on my willingness to pull the trigger on losers early no matter the pain [ to my ego ] to protect me. This philosophy has served me well for the past two years. My biggest fear is the so called "event risk"....Makes for long weekends... Ah ,well those damn 4 day weeks are over for a while. The game continues with 5 days on Monday. Maybe I will join ya on the other thread if this long winded gasbag continues here.

To: TobagoJack who wrote (12794)	1/5/2002 2:58:52 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

I went & collected stats of this thread for the last week. The important thing (for me at least) is that I found 41 posters! I find the following frequency table especially encouraging: #posts Frequency -1 12 1-5 11 5-10 6 10-20 6 20-50 4 50-100 1 100 & more 1 In other words, there's a sizeable number of people around, who now and then have something to say worth saying and reading, but otherwise keep radio silence. As Q Victoria would say "we were not amused" by the "> 100" member of the fraternity. So what. The occasion made me appreciate the other 39 posters even more. dj PS: Of course the past week is not a normal week - 4day trading, hangovers, holidays -. OTOH that was also the week, that will probably remain in our memories as "Vatna Jökull, there he blows" or "BF meets Titanic" or whatever.