Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

What's wrong with buying until resistance is hit? It's like free money to some folks. There's good business sense in buying all the way to that line today.

well, you have more faith in technicals and timing than i do ... and i know i suck at timing anyway.

what's wrong? hmm. well, nothing *wrong* per se. i'll go in during the day and buy qqq or something. but for me to buy and hold for a longer period, i have to know *why* i'm doing it. otherwise i just act more risk averse. (now when i was shorting over the last couple years, i was VERY averse to risk ... cuz if it went up, it would always come back down eventually ... and i knew a good *reason* for that.)