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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (58842)4/29/2002 9:01:10 PM
From: Jeff  Respond to of 99280
 
I don't agree with the pessimists who see the market going significantly lower.

rock...why does someone who sees nasdaq 1100 have to be a pessimist....

i'm neither a bull or bear....i'm a trader..

i'm in this market too make money...and more important...not lose it too the crooks on WS....

i know i won't lose money in a bull market....in a real bull market...you can easily see it and just jump on board....ride the gravy train....

so i don't prepare myself for a bull market cause thats not where the money is lost....

now on the other hand....

a bear market....you can lose it all....real fast.

so for me....the most important thing is to prepare for the "worst case"......because if it happens...i won't be wiped out....because i'll see it coming.....

its what you don't see coming....thats what will kill you...

those who don't believe 800-1100 nasdaq is possible will be the ones suffering the most pain if it happens....

those who are prepared for nasdaq 800-1100....will live to play the next bull market...get some great bargains near the bottom.....

while others are just making up years of losses just to get even....