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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Rainy_Day_Woman who wrote (5291)	8/17/2002 12:54:39 AM
From: ahhaha	Read Replies (2) \| Respond to of 24758

I'm not short JDSU No doubt. You can't follow your reasoning. buying a struggling stock in not my only hope watching it possibly go bust loses my money if I have any money left, buying another stock, holding it as it struggles is again not my only hope Hasn't anyone told you about buying low when a stock is out of favor? What do you think those words mean? the guarantee is, approaching stocks that way, the odds are not in your favor Au contraire, that is the only time the odds are in your favor. You have to hold, engage risk, and suffer, to earn. and in that I do have confidence You have confidence in the confidence game. That's why it's called a confidence game. if a stock gets hit, limit your loss and move on No, if a stocks doesn't meet your objectives, then you are justified in selling it. You talk like a trader. That kind of selling is a loser. You just jump around and increase the rate of the inevitable gambler's ruin. preserve your principal or you won't be in the market for long But that isn't applicable to JDSU now. Further, you're a hypocrite because you jump around and don't preserve capital. One of the best ways to preserve capital is to keep a high percentage of cash and buy deals like JDSU. This manages your psychology and your psychology is one helluva lot more important than your capital. You are nowhere near comprehending what this means and neither are any of the so-called traders on SI. They're all hacks and won't survive. They're all headed for bust. It's actuarial.