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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (20029)11/5/2004 10:19:58 PM
From: - with a K  Respond to of 78710
 
I am amazed at how many investing mistakes I make. I don't buy, the stock moves up to torture me. I buy, the stock drops; I sell a stock, it goes up. Over and over again. Yes, this happens to everybody. Everybody.

Some recent thoughts rattling around in my noggin lately:

"Well, for a lot of mistakes you've made - and will continue to make? - you're still doing pretty darn good. It's kinda like a batting average."

"Ya know, numbskull, if you'd just do the OPPOSITE of what your emotions tell you to do, you'd be a lot better off. Buy more when you get scared and want to sell. Sell when you think you should add cause you think you're such a genius and this baby is runnin."

Mr. Market can be a humbling bastard sometimes, and then, as you say, once in a great while...



To: Paul Senior who wrote (20029)11/9/2004 10:16:43 AM
From: Madharry  Read Replies (1) | Respond to of 78710
 
I sold out of my catg. Perhaps it was a mistake- but suddenly the stock is down 7% on large volume- then on yahoo they announced some bad results of a drug trial- I felt it was more important to try to preserve capital now.