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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (89627)	1/19/2004 8:15:07 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 209892

Green the problem in general with trying to "predict" an event is that it never comes out that way. markets are always in an overshoot on both sides of the trade and direction, because of the emotional aspects of trading.. the investing public got their heads handed to them 3 years ago, and they "still" have NOT learned what "could" happen to them all over again. my point is sure we're going to correct, you'd have to be nuts not to know that. But i do not trade "what if's".. i trade What Is....tell me what stock i can find to make a nice days pay, or a weeks pay.. i don't care about next week, month or year.. thats been the historical problem with 90% of all traders. They listen to all the crap noise out there that screws with their minds... keeps them frozen at the switch..."is it too late to chase here" well maybe the sky's going to fall!!! if everyone would just concentrate on what is going on here and now, and not worry about 3-4 months from now, then we'll all be better off... in all honesty this has been the easiest long side run i've ever seeen before. There are people on this board that know me better than most...i have only been cautious a few times, getting traders out a couple of times, and trying to be conservative and prudent with ones trading capital...i have been known to be wrong..i'm no guru, just a trader...and a damn good one. a chartist if you will, i have no clue about FA at all, and could care less about what a company makes or what thyey don't make...meaningless really. but i have NOT been short...every single dip from the Aug lows till now has been bought with a vengeance. that has not changed yet. rampant bullish sentiment/ perception will drive this thing higher imo. when people like Mishledo calls me greedy i have to laugh..what the freak does greed have to do with anything. All i'm doing is trying to make a living at my profession. all i'm doing is not fighting the trend, not fighting the FED and playing caboose like a good P&F trader PERIOD! people better wake up and smell the roses, and stop running around like chickens with their heads cut off to knock "others' that are successful..it's pure jealousy..nothing more or less.