Class Action/Lawsuit against SO4/Board, page-60

Yea, I rode Arrium into the ground, averaging down along the way. Lost $50k from my super. It took five years to get my 10-year rate of return above zero again. I took away some lessons:

1. Learn to distinguish between meaningless ramping (up or down) and solid conclusions.
2. People who top up on dips without questioning the fundamentals are stupid and belong on your ignore list.
3. People who say "you've only lost money if you sell" are stupid and belong on your ignore list.
4. People who use terms like "tightly wound, rebound, stretched" don't know what they're talking about and belong on your ignore list. The share price is not a piece of elastic. It has no memory of where it was before, and no desire to go back there.
5. People who use similes like "train leaving station, rocket ready to launch" are stupid and belong on your ignore list.
6. People who say "tick tock" are stupid and belong on your ignore list.