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Re: Militia Man post# 5922

Thursday, 08/07/2008 2:01:25 AM

Thursday, August 07, 2008 2:01:25 AM

Post# of 34414
did i read mention of 'the boy plunger' aka Jesse Livermore??? He was indeed 'the man' of his era and his teaching are very applicable to current times as human nature never changes and markets react to human emotion...Its those who play without emotion that are the one's who are not blind to the games that are being played by bashers and negative posters...Hopefully, we have all done our homework here, so now its just a matter of the chart consolidating our position to go green...Doesnt matter if it happens at once or a week or a month, as long as it happens, we all walk away happy right? (well I guess the negative guys might even make a few bucks if they get on the train bf take off..lol) There is another good line that J.L. use to say, "Hope is an important survival technique for the human race. But hope, like it's stock market cousins: ignorance, greed and fear, all distort reason...The stock market only deals in facts, in reality, in reason, and the stock market is NEVER wrong-traders are wrong." The way I see it, I bought into this stock when it crossed crucial pivotal points, and since then it HAS indeed fluctuated, but HAS NOT changed trend YET...so why have ppl been so foolish as to sell their positions before the 'facts' are revealed...or until the play is over??Seems many of them have followed their emotions on this play and likely other plays as well...I walked into HGLC after the pivotal lines were crossed, and will only walk away once the TAPE tells me to!!!...Sometimes, I question why I even post to give advice, but then think of the guy who introduced J.L. to me when I first started trading...Good luck to all, as many post have been educational, while others have been pure BS of course!

-PD