capitulation, page-9

i also have to admit i sold them reluctantly..

but the trading plan was written for a reason, and times like this the mind can start to think of a thousand reasons to hold on.

although i didnt sell just because everyone else is selling, and although it locks in almost 100% profit on the parcel,
in a way it is a dweeb move nonetheless:
it only reached my stop BECAUSE everyone else is selling.

sometimes the market is like a catch 22 game of musical chairs, where the players take all their chairs away simultaneously...i've taken my chair away so that i can sit back on the game at a later date.

seeing that particular parcel rise from 9 cents to 39 cents and back to 19cents has taught me some valuable lessons...
and previous lessons have taught me that seeing it back to 9cents or lower is not out of the realms of possibility.

btw, i still hold CVIO, so this post is not intended as a downramp...
i sure hope this market does a turnaround soon...for everyone's sake.