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Frank Pembleton

02/12/09 4:08 PM

#18314 RE: ItsAllCyclical #18312

just teasing Kastel--he apparently has no style--which makes the him Bruce Lee of the hedge fund world.

anyway, I'm in total agreement with what you're saying -- for me as a IT trader I wouldn't even think about being in this market because it has become short term market. As a short term trader I have a tendency to suffer from fatigue, and without a properly oscillating chart I soon suffer from burn-out.

...so we'll see if I can adapt to a new reality, but then gold is trending...old habits die hard.

later...
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KastelCo

02/12/09 4:14 PM

#18315 RE: ItsAllCyclical #18312

I'm wrong 40% of the time, I'd say with the discipline to dump mistakes fast and move on... 60% right is a great recipe for success... because the 40% can't kill you :o)