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ronk

11/06/15 11:56 PM

#3043 RE: Westorious #3042

I am too. Any good student of the market is still learning. There is always something it will teach you.

If I'm riding high and thumping my chest and riding the wave of the masses, the market will teach me a lesson by dropping me on my ear.

If I'm sitting quietly on shares doing my due dillegence/homework, I'll turn around and my guess was accurate over time. And patience gets a reward.

I think the time of high frequency trading is about spent and there are less and less opportunities to fight over scraps at the table. I think trading patterns will turn to long and deliberate plays. That's my gut. And I'm following it. It starts with companies I believe in. I don't put all my eggs in one basket. For as brutal a day it was, my portfolio went up by $16.73. Oh well. It wasn't much but it's only paper until I sell and the stories I've invested in haven't played themselves out. This being one of them.