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To: Sleeperz who wrote (2919)4/22/1998 9:44:00 PM
From: Perry G.  Respond to of 8218
 
Doesn't that 118 look good now....

See I've learned the hard way...

THERE ARE TWO KINDS OF PAIN:

PAIN Number 1: The PAIN from not taking ALL the money to the bank.

PAIN Number 2: The PAIN from not taking ANY money to the bank.

Usually PAIN Number 1 comes first in a stock operator's history...that pain sucks...
Then in subsequent trades, PAIN Number 2 comes, because a stock operator tries to not have PAIN Number 1 again and lets his positions run...
Usually while PAIN Number 2 is being experienced there is alot of "PLEASE GOD" going on....

PAIN NUMBER 2 sets in....PAIN..PAIN...PAIN....PAIN...and the only cure is time and a winner....

Next winner...PAIN NUMBER 2 IS AVOIDED...BUT USUALLY ITS A BIG WINNER SO PAIN NUMBER 1 COMES BACK AGAIN...
NEXT TRADE...because PAIN Number 1 was felt again on last trade with an early exit and the human factor of forgetfulness of PAIN NUMBER 2...stock operator lets positions run...only to experience HELLISH PAIN NUMBER 2

HELLISH PAIN NUMBER 2....OH...OH...GOD WHY....OH THE PAIN...

A real good stock operator only needs to experience PAIN NUMBER 2 TWICE...TO NOT EVER EXPERIENCE PAIN NUMBER 1 AGAIN...AND TO NOT EXPERIENCE PAIN 2 AGAIN...

MANY OF YOU ARE GOING TO EXPERIENCE PAIN NUMBER 2...WHEN THIS MARKET PUTS--PUN INTENDED---ITS HIGH RIGHT ABOUT now.....

"PLEASE GOD" sometimes works!