Every time I take a significant long position... I just have nightmares in this market that we will crash imminently.... Just straight down.... It's an irrational fear.... and new to this market, but I'm starting to feel like I should start thinking 50% long 50% short, instead of net short.
I always make mistakes on Fridays... I should just not trade.... We will see, I like the stock I purchased, the value was great.... 7% dividend at this level.... maybe I can keep it.
so..... I was working up some charts... but I'm tired... and I'm driving myself crazy with wave counts.....
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, March 28, 2008
I hate being long... at all
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment