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To: ogi who wrote (21062)11/16/2009 10:04:50 AM
From: tyc:>  Read Replies (2) | Respond to of 233807
 
"Morning ogi !

Had a most interesting discussion with TSL, as your proxy. Funny how 3 people each have a different perspective of the same situation.

..You say that you should have booked profits before it fell.
..He says, in effect, it's still going up and this is a normal situation.
..I say what I believe Livermore would have said: the market said "Get out!" when it started to fall in a bull market. That's when you might have acted. (This is in accord with your final Para, too)

But probably we all agree that there is no "one correct response"... with all due respect to Livermore !