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Am I going to worry?
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- by The Price Guy The market is up big today, and I am 90%+ in cash. Am I worried or am I happy? I am very happy. I hope it will go up another 500 points to that I can have a better view of the future. By the way this Marketocracy is a crap. I don't know how many technical guys working on this site. I hope that there are less than 3 people. Otherwise, Ken is hiring the wrong people. | ||
It is going nowhere
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- by ThePriceGuy It looked that the market was going to run away a few days ago. It came back a little the past couple of days. I am still siting on my cash. Patience is the key in this game. | ||
No need to check the market like a hawk
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InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
- by The Price Guy Gradually I started to really get the meaning that The Great Buffet preached that no need to monitor the market frequently. The market has its own force. It will behave accordingly regardless of anybody's fear, greed, predication or wish. | ||
Do you trust guidelines and estimates?
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- by The Price Guy I don't. I only trust the already delivered results. Those corporate executives are far more sophisicated than average Joe. Anything coming out of their mouth is to boost their own stock option worth. An analyst is just like a copy writer with a time delay. | ||
I missed some big up and DOWN
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- by The Price Guy The market had a big rally today. I missed it with 92%+ cash in hand. But I also missed the previous big rundown. With my current strategy, this is expected. I am still waiting for my chance. I had made money before. It is not that hard. The hardest part is to keep what you already had. No wonder Buffet's rule #1 is "never lose money" instead of "make more money". | ||
Feeling frustrated
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- by The Price Guy Although I know that it takes hard work and patience for the result to show up in the end, I can not help feeling frustrated. The market seems stuck in the neutral gear these days. Probably it just needs that little help to get over the hill. | ||
Raise cash for the next move
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InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
- by The Price Guy I sold ADS. I am back to 100% cash now. The original reason for this purchase was the pending acquision. Now, they canceled the agreement. There is no point to hold this stock any more. I am a little disappointed that the market did not take the 1,3000 mark. Tomorrow will be an interesting day. | ||
