Barnsty ..i do see your point..
it was a fantastic call...
Decades ago barnsty i held on hope... market was falling in the 70's and i thought it was the bottom..kept on adding and BANG..lightS out..lost it all...
Your call seems spot on in hindsight..BUT what if the market collapsed?
IMO one that is bleeding should be out of the markets..
first mistake NO stop loss..SECOND mistake holding on too long...
Why is one happy with a 4% return on there money in the bank...BUT cannot wait for a clear direction of the current market and must pick every bottom and top...
I for one sit and sit tight in cash.. imo there is plenty of money to be made either way when a clear break out occurs ...WHY GAMBLE..
p.s barnsty i think u r great value..keep it up
reds - i second that emotion - tuesday, page-178
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