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March 7, 2009 at 8:34 AM #362429March 12, 2009 at 9:49 PM #365038temeculaguyParticipant
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.
March 12, 2009 at 9:49 PM #365325temeculaguyParticipantWell, 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.
March 12, 2009 at 9:49 PM #365486temeculaguyParticipantWell, 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.
March 12, 2009 at 9:49 PM #365522temeculaguyParticipantWell, 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.
March 12, 2009 at 9:49 PM #365633temeculaguyParticipantWell, 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.
March 12, 2009 at 10:02 PM #365053peterbParticipantIt’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
March 12, 2009 at 10:02 PM #365340peterbParticipantIt’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
March 12, 2009 at 10:02 PM #365501peterbParticipantIt’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
March 12, 2009 at 10:02 PM #365537peterbParticipantIt’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
March 12, 2009 at 10:02 PM #365648peterbParticipantIt’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
March 13, 2009 at 3:03 PM #365444AnonymousGuest[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.
March 13, 2009 at 3:03 PM #365734AnonymousGuest[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.
March 13, 2009 at 3:03 PM #365896AnonymousGuest[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.
March 13, 2009 at 3:03 PM #365933AnonymousGuest[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.
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