Dow to 4000 ??

[Chris Scoreboard Johnston]

Read my blog and check the results if you think nobody in here knows how to trade.

Allan, just because you cannot do it does not mean it cannot be done. People in your positions are typically although not always, jealous of those who can do what you wish you could but cannot, trade profitably.

Bruce Kovner, Paul Tudor Jones, Stevie Cohen, Kevin Haggerty, Larry Williams. All names of traders who have made millions or billions with some of them.

[temeculaguy]

Well, good thing I held back and did more research, otherwise I would have made too much money and had to pay taxes. Let’s see how my picks fared in one week.

HOV up about 12%
GE damn near doubled
HOG up 30%
F up 15%
Cost up 4%
Pm up 3%

So my hesitation cost me somewhere between 1k and 1.5k thus far, Oh well if I didn’t have bad luck I’d have no luck at all. This wasn’t the first time nor will it be the last that I wussed out on something and later regretted it. I’m gonna be pissed if the dow never tests the 6500 level again, I will have felt it was near bottom, failed to act thinking it would go lower and be telling the story every time I get drunk.

[temeculaguy]

Well, good thing I held back and did more research, otherwise I would have made too much money and had to pay taxes. Let’s see how my picks fared in one week.

HOV up about 12%
GE damn near doubled
HOG up 30%
F up 15%
Cost up 4%
Pm up 3%

So my hesitation cost me somewhere between 1k and 1.5k thus far, Oh well if I didn’t have bad luck I’d have no luck at all. This wasn’t the first time nor will it be the last that I wussed out on something and later regretted it. I’m gonna be pissed if the dow never tests the 6500 level again, I will have felt it was near bottom, failed to act thinking it would go lower and be telling the story every time I get drunk.

[temeculaguy]

Well, good thing I held back and did more research, otherwise I would have made too much money and had to pay taxes. Let’s see how my picks fared in one week.

HOV up about 12%
GE damn near doubled
HOG up 30%
F up 15%
Cost up 4%
Pm up 3%

So my hesitation cost me somewhere between 1k and 1.5k thus far, Oh well if I didn’t have bad luck I’d have no luck at all. This wasn’t the first time nor will it be the last that I wussed out on something and later regretted it. I’m gonna be pissed if the dow never tests the 6500 level again, I will have felt it was near bottom, failed to act thinking it would go lower and be telling the story every time I get drunk.

[temeculaguy]

Well, good thing I held back and did more research, otherwise I would have made too much money and had to pay taxes. Let’s see how my picks fared in one week.

HOV up about 12%
GE damn near doubled
HOG up 30%
F up 15%
Cost up 4%
Pm up 3%

So my hesitation cost me somewhere between 1k and 1.5k thus far, Oh well if I didn’t have bad luck I’d have no luck at all. This wasn’t the first time nor will it be the last that I wussed out on something and later regretted it. I’m gonna be pissed if the dow never tests the 6500 level again, I will have felt it was near bottom, failed to act thinking it would go lower and be telling the story every time I get drunk.

[temeculaguy]

Well, good thing I held back and did more research, otherwise I would have made too much money and had to pay taxes. Let’s see how my picks fared in one week.

HOV up about 12%
GE damn near doubled
HOG up 30%
F up 15%
Cost up 4%
Pm up 3%

So my hesitation cost me somewhere between 1k and 1.5k thus far, Oh well if I didn’t have bad luck I’d have no luck at all. This wasn’t the first time nor will it be the last that I wussed out on something and later regretted it. I’m gonna be pissed if the dow never tests the 6500 level again, I will have felt it was near bottom, failed to act thinking it would go lower and be telling the story every time I get drunk.

[peterb]

It’s a bear market. Rally’s are selling opportunities. Speaking of Kovner….

“In a bear market, you have to use sharp countertrend rallies to sell.”—Bruce Kovner

“Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose.”—Bruce Kovner

[peterb]

It’s a bear market. Rally’s are selling opportunities. Speaking of Kovner….

“In a bear market, you have to use sharp countertrend rallies to sell.”—Bruce Kovner

“Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose.”—Bruce Kovner

[peterb]

It’s a bear market. Rally’s are selling opportunities. Speaking of Kovner….

“In a bear market, you have to use sharp countertrend rallies to sell.”—Bruce Kovner

“Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose.”—Bruce Kovner

[peterb]

It’s a bear market. Rally’s are selling opportunities. Speaking of Kovner….

“In a bear market, you have to use sharp countertrend rallies to sell.”—Bruce Kovner

“Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose.”—Bruce Kovner

[peterb]

It’s a bear market. Rally’s are selling opportunities. Speaking of Kovner….

“In a bear market, you have to use sharp countertrend rallies to sell.”—Bruce Kovner

“Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong, not at a point determined primarily by the maximum dollar amount you are willing to lose.”—Bruce Kovner

[Anonymous]

[quote=4plexowner]all of these factors cause the average investor to lose money in the stock market over the long haul[/quote]
[quote=CONCHO] My mom warned […] She was born during the depression so her parents taught her that from a young age.

[angry rant with violent threats ommited for brevity…][/quote]

Since 4plex doesn’t offer any data, I’ll throw some in:

The stock market over the long haul.

Note that chart is a logarithmic scale. Chart also does not account for dividend returns.

I wish I was alive during the depression. I would have bought some stocks.

[Anonymous]

[quote=4plexowner]all of these factors cause the average investor to lose money in the stock market over the long haul[/quote]
[quote=CONCHO] My mom warned […] She was born during the depression so her parents taught her that from a young age.

[angry rant with violent threats ommited for brevity…][/quote]

Since 4plex doesn’t offer any data, I’ll throw some in:

The stock market over the long haul.

Note that chart is a logarithmic scale. Chart also does not account for dividend returns.

I wish I was alive during the depression. I would have bought some stocks.

[Anonymous]

[quote=4plexowner]all of these factors cause the average investor to lose money in the stock market over the long haul[/quote]
[quote=CONCHO] My mom warned […] She was born during the depression so her parents taught her that from a young age.

[angry rant with violent threats ommited for brevity…][/quote]

Since 4plex doesn’t offer any data, I’ll throw some in:

The stock market over the long haul.

Note that chart is a logarithmic scale. Chart also does not account for dividend returns.

I wish I was alive during the depression. I would have bought some stocks.

[Anonymous]

[quote=4plexowner]all of these factors cause the average investor to lose money in the stock market over the long haul[/quote]
[quote=CONCHO] My mom warned […] She was born during the depression so her parents taught her that from a young age.

[angry rant with violent threats ommited for brevity…][/quote]

Since 4plex doesn’t offer any data, I’ll throw some in:

The stock market over the long haul.

Note that chart is a logarithmic scale. Chart also does not account for dividend returns.

I wish I was alive during the depression. I would have bought some stocks.

[Author]

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