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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (205443)	10/25/2011 10:43:21 AM
From: tyc:>	Read Replies (1) \| Respond to of 312399

>>"Never a straight line is it " I wonder if we would agree on one point: people do tend to sell too soon. Perhaps they are too anxious to avoid "losses", for even when people sell their "winners" too early they are trying to avoid the loss of their "profit". I once read that is why due diligence is necessary.: so that we know when to sit tight.. Seycota was a trend follower. He believed in taking losses early like CD. but he was quick to repurchase on recovery too... hence many small losses and whipsaws, causing perhaps the same draw-downs in values as "sitting tight" might endure. For my part, my stock holdings are my capital. The value of my account may be unavoidably down, but I still have my stocks. .. even more of them. And they are all backed by continuing due diligence.