Humility

[Svenwulf]

after the crazy ride over the last week, i feel compelled to post on this subject. just as it is foolish to post terms like free fall, claim to set a price, or degrade yourself by attacking other forum members, i want to caution anyone who might be feeling vindicated by todays market action. today was a good day to be long. tomorrow might be as well. but just like someone who was running victory laps after a few sessions of serious selling, dont now puff out your chest and over trade your new found confidence. as annoying as basher A is/ was, remember how convinced he had you to sell over the weekend. i know my stomach turned the entire weekend.

in the end, if you were successful today, it was more likely because you were lucky as opposed to good. i do not want you take this as an insult, but perhaps be able to profit from this experience in the future. always consider the oversimplified: its true until it isnt. best wishes!

[TonyM]

after the crazy ride over the last week, i feel compelled to post on this subject. just as it is foolish to post terms like free fall, claim to set a price, or degrade yourself by attacking other forum members, i want to caution anyone who might be feeling vindicated by todays market action. today was a good day to be long. tomorrow might be as well. but just like someone who was running victory laps after a few sessions of serious selling, dont now puff out your chest and over trade your new found confidence. as annoying as basher A is/ was, remember how convinced he had you to sell over the weekend. i know my stomach turned the entire weekend.

in the end, if you were successful today, it was more likely because you were lucky as opposed to good. i do not want you take this as an insult, but perhaps be able to profit from this experience in the future. always consider the oversimplified: its true until it isnt. best wishes!

Human nature being what it is, people will naturally want to point out how wrong somebody's bold claims were, but I agree gloating can be short lived and the market will make bears and bulls alike look like fools.

That being said, why does it seem (to me anyway) that when the market turns in favor of the bears, they get sadistically happy at the bulls that get crushed? When the market is bullish we don't tend to see many posts taking joy in the bears demise, but it gets poured on thick by the bears as soon as the market turns. I sometimes think that permabears are really former bulls that were themselves so badly hurt that they now take joy in seeing others share their fate.

[concrete]

the way
a dust of snow
from a hemlock tree
fell down on me
has given my heart a different mood
and changed some part of a day i rued.

ogden nash

[Svenwulf]

the way
a dust of snow
from a hemlock tree
fell down on me
has given my heart a different mood
and changed some part of a day i rued.

ogden nash

thank you concretist, far more eloquent than my babblings.

[Randomizer]

Human nature being what it is, people will naturally want to point out how wrong somebody's bold claims were, but I agree gloating can be short lived and the market will make bears and bulls alike look like fools.

That being said, why does it seem (to me anyway) that when the market turns in favor of the bears, they get sadistically happy at the bulls that get crushed? When the market is bullish we don't tend to see many posts taking joy in the bears demise, but it gets poured on thick by the bears as soon as the market turns. I sometimes think that permabears are really former bulls that were themselves so badly hurt that they now take joy in seeing others share their fate.

I was beginning to wonder if maybe this had something to do with the number of kiddies that figure out how to place a short and think it makes them 'too kewl'.. Then if it works the first time, they get cocky... Though just my thoughts, based loosely on psychology of teenagers with too much angst...

[TonyM]

I was beginning to wonder if maybe this had something to do with the number of kiddies that figure out how to place a short and think it makes them 'too kewl'.. Then if it works the first time, they get cocky... Though just my thoughts, based loosely on psychology of teenagers with too much angst...

I'd be willing to bet that if you go check out the Yahoo boards you will find a barrage of shorts trying their best to scare the longs out of their positions. They come out of the woodwork like a plague everytime there is a downturn in a particular stock, sector or the market in general. I wouldn't bet too much on teenagers being the culprit though, after all a margin acct is necessary and how many teenagers have the ability to aquire one?

[Randomizer]

Heh... I learned one thing a while back, you don't have to be 13-20 to be an immature teenager with an idiot complex.. Surely you've seen 'Jackass the Movie's advertisements.. :P

[TonyM]

True enough