Wednesday, November 21, 2007 11:39:28 AM
JB we all cannot forget that without the volitility of the mkt we will not have the opportunity to make money. The key to this room is to be very cool in all markets and to use some dry powder, if you have some, to take the opportunities it gives us.
Cool, calm thinking sure can be hard to accomplish. TA does not always work and the big boys can do with the mkt what they want. When you really put the market on a world perspective we do not even count, we are a pitance, we are nothing. The GS's of the world have huge resources to garner their direction. We need to beat em or join them for the ride when we can. I doubt GS has CNBC on LOL.
Thats all.
Cool, calm thinking sure can be hard to accomplish. TA does not always work and the big boys can do with the mkt what they want. When you really put the market on a world perspective we do not even count, we are a pitance, we are nothing. The GS's of the world have huge resources to garner their direction. We need to beat em or join them for the ride when we can. I doubt GS has CNBC on LOL.
Thats all.
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