Bullitt
11-16-2009, 11:26 PM
I see a troubling trend here of mass sentiment looking to sell dollars in order to buy gold, oil, stocks or anything for that matter that trades on an open market. How much longer will it last? Weeks-Months-Years???? Great post from 12/4/1999 here that I found on a google message board. I wonder how Gary fared in 2000 and if he managed to break up with his 'friends'.
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Google Groups: misc.invest.stocks (http://groups.google.com/group/misc.invest.stocks/browse_thread/thread/ba0c834f55c0c56d/7e41f0d0284ea959?lnk=st&q=%22fall+in+love+with+a+stock%22+%22fall+in+love+ with+a+stock%22#7e41f0d0284ea959)
Newsgroups: misc.invest.stocks
From: “Gary Shannon”
Date: 1999/12/04
Subject: Re: Best of both worlds
They say you should never fall in love with a stock. Well, I’m in love with all my stocks. I’m familiar and comfortable with them. They’ve made money for me and I understand their personalities. They are my friends, my buddies. That’s how close I need to feel to a stock before I’ll trade it. If you’re feeling grumpy you might put on a smile and fool a stranger, but your phoney smile will never fool a close friend. And when one of my stocks is feeling frisky, or feeling grumpy, it can’t fool me either. I know them too well.
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Google Groups: misc.invest.stocks (http://groups.google.com/group/misc.invest.stocks/browse_thread/thread/ba0c834f55c0c56d/7e41f0d0284ea959?lnk=st&q=%22fall+in+love+with+a+stock%22+%22fall+in+love+ with+a+stock%22#7e41f0d0284ea959)
Newsgroups: misc.invest.stocks
From: “Gary Shannon”
Date: 1999/12/04
Subject: Re: Best of both worlds
They say you should never fall in love with a stock. Well, I’m in love with all my stocks. I’m familiar and comfortable with them. They’ve made money for me and I understand their personalities. They are my friends, my buddies. That’s how close I need to feel to a stock before I’ll trade it. If you’re feeling grumpy you might put on a smile and fool a stranger, but your phoney smile will never fool a close friend. And when one of my stocks is feeling frisky, or feeling grumpy, it can’t fool me either. I know them too well.