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To: Dwight E. Karlsen who wrote (40770)2/17/1999 10:41:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Escalation of commitment to a bad decision -- made more likely by a series of previous good/lucky decisions.



To: Dwight E. Karlsen who wrote (40770)2/17/1999 10:44:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Dwight,

<Winning is addictive, and can cause reckless trades. Trust me on that. >

I trust you. You know the saying "a bull market makes everyone think he is a genius". There may be an element of that. My personal opinion is the trend is down and there is no evidence of reversal.

-Sarmad


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