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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: catflu2™ who wrote (38404)2/14/2009 9:17:26 AM
From: robert b furman  Respond to of 207980
 
Hi Cat,

I think the current price action is absolutely depressing to 99% of traders.

The other one percent is just dumb or numb.

That being said there is a large percent of traders that know this depressed boring price action gives the look of nothing having the capability of rising forever and more.That is in fact the only time an investor SHOULD GET excited.

The volatile upward fast price action that is destined to occur in the near future will be getting everyone in and we'll be wondering why in the heck we didn't bet the farm ,back when things were cheap and boring.

Of course the answer will be fear and inability to swim against the herds mass thinking.

That's why just a few make the big money!!

JMHO

Bob



To: catflu2™ who wrote (38404)2/14/2009 9:24:45 AM
From: mattstats  Read Replies (2) | Respond to of 207980
 
Both. I've got some long trades that I'm sunk on. Also, the grinding down action is depressing. Crash it, and stop the chinese water torture.