T/A ETF AND INDEX

[POKERSAM]

An important lesson to be learned here.

Dumbo posted today.

Posted by: denmo83
In reply to: GLENO34 who wrote msg# 30396 Date:11/8/2007 1:42:20 PM
Post #of 30448

Nobody likes a drawdown...

But my in price can handle it:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21983261

We're going higher. Buy the dip.
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If you read the post cited by Dumbo you find that he went ALL IN long at 1450. That was a good move. He rode it up 120 points but did not take his profits at the top and is now in real jeopardy of losing all of his profits. That was a stupid move. You can learn from this moron.
Moral of this story is do not get locked into being a bull or bear. Learn to take your profits while you still have them. I expect Dumbo to end up with a loss. Sad.