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Old 09-28-2006, 04:11 AM
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Re: Concept I don't quite understand

Well WallStreet.. you would be absolutely amazed at how many people get that frozen deer in the headlights look in their eyes and begin rationalizing to themselves how they just need to hold on a little longer, and oh just maybe buy another few hundred shares as the stock is moving down a little further cuz they just KNOW it is soon going to reach its bottom and bounce up big time and at least get them out at breakeven! That happens every single day and is a sad commentary on trading at times. Let's hope none of us on this forum ever find ourselves in a similar situation and if we somehow do, let's hope we snap out of it and bail while we still have some trading capital left in our account.

Happy Trading

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