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To: JRI who wrote (38550)5/9/2002 10:02:44 AM
From: AllansAlias  Respond to of 209892
 
Enjoy the morning my friend. Must be getting insufferably hot down your way.



To: JRI who wrote (38550)5/9/2002 10:06:29 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
Here's your down now perhaps.

For all the wiggle traders...

It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.

-- Jesse Livermore
from the best book on trading ever written



To: JRI who wrote (38550)5/9/2002 10:11:00 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
I had a good laugh at what one of my colleagues over on BearForum has been repeating since yesterday late. The market will say today "I can't believe I ate the whole thing."

He was/is looking for down this morning.