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value1008

09/09/10 5:52 PM

#51014 RE: Traderfan #51013

Yes, TF, i've wondered the same. The answers that pop up off the top of my head when such a Q arises are:

1) they're simply too busy looking at lots of different investments and they feel that eventually their picks will go up, unless they go down, :-) and in any case they'll review their positions in 1 month, 3 months, or 6 months.

2) they're averaging down like many of us (even though some of the "Stock Gurus" say not to do this), and don't mind the shorties' attack b/c they can grab more shares and in the long run it won't matter when the stock rebounds after the shorts have moved along.

3) they're rather clueless and in any case can't really think much about anything else other than their next meal or that cutie in the next cubicle or what's on tv tonight.