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To: Crimson Ghost who wrote (3718)11/13/2008 4:33:28 PM
From: LTK007  Respond to of 3906
 
<< Getting burned out>> i hear you! i think back to the days when i was working with all of my 20k and going 24/7 trading wildly, and getting insanely lucky( my trading churn with my broker was 3 million dollars in one year).
i now sit with 10 years money supply, i would like 20--but i realize if i just don't do anything and buy just buy the big bottom, i double and can truly just retire, a say fuck it, and move to West Palm Beach(VBG--that is a tease:).Max
P.S. i am in a betwixt and between status, NOT as good as yours, for sure.
But CG i look out at the world and realize that at 67 and 10 years money supply for my wife and i would BE HEAVEN for so many many many others.
So many people are in real bad straights.
i have to however just keep watching studying lookin and waiting for the sure thing---grab a huge bottom , where many stocks will double FAST(and still be far far far below there highs).
i keep my eye out, and take in data, reviewing all this, just waiting to where i can say NOW! this is it we go for the double.
But as we all know, as you get money one gets more and more defensive, as the downside of being wrong is BRUTAL.

To those that want to know the WILD MAX/Insane Trading Machine, check out my posting during the insanity(i think Traders J's thread had way over 1,000 bookmarks, and the Three Amigos thread and the legendary TokyoJoe/TokyoMex, we flamed each other now and then---he is alive and in France, he was fined 700K, which he paid and went to France forever leaving behind his Taco Stand in Manhattan(he was native to South Korea BTW)
i realize 90% of those traders are long gone.

But i see there remains still the BB stocks threads on SI. i never trader ever a BB stock.

My most PAINFUL sell ever.
i had 20,000 shares of HANS at about 3 and sold at like 4.
It went to what 60:)LOL! Max



To: Crimson Ghost who wrote (3718)11/13/2008 4:46:46 PM
From: LTK007  Respond to of 3906
 
Cripes my two holdings were up 28% and 15% today--both still red. It is getting comical.And yes it is a burning me out just watching.



To: Crimson Ghost who wrote (3718)11/13/2008 6:40:51 PM
From: LTK007  Read Replies (1) | Respond to of 3906
 
No question that the Market went up and up as dollar moved down.
The dollar commencing a steep drop matches this rally today.
What dollar does overnight will be interesting.



To: Crimson Ghost who wrote (3718)11/13/2008 7:01:04 PM
From: LTK007  Respond to of 3906
 
USD Ascending triangle now in play, CG.Chart.