Thread: What's the point of riding it out?

Originally Posted by sugarandspice

Let's take a vote on the JC issue(Jim Cramer). I vote thumbs up.

Ditto. Thumbs up. He's entertaining. I actually like his radio show better than the TV show. He's a little too over the top on TV.

Originally Posted by Rod

I love the adrenaline rush of RISK. I still have 34 years of trading left... so, what the hey???

Imagine staying long in (I) for the next 34 years... BUT that would be TOO boring. Then again, it could make one VERY rich. ...

Gee Rod,
You got my sympathy, as a Civil war vet I have infinity to trade!..
Need I say more... ....Spaf

Originally Posted by Spaf

Gee Rod,
You got my sympathy, as a Civil war vet I have infinity to trade!..
Need I say more... ....Spaf

One further note, if you do not have a target price set in stone in which you will consider exiting the market, then you are simply setting yourself up to becoming a "panic seller". The market drops and you morph into "chicken little". Then the market takes off and you fastly become a "panic buyer". If you would've simply stayed put you would have the shares to show for it. Been there, done that. Of course, there's always that legit time to pull out. Nowadays, it's just really hard to tell when that is. That's why it's important to gauge it with a target price. Because once you drop below it, then you KNOW you are losing $$$. It's a live-n-learn experience.

Pluck, pluck, Chic, chic, chic!

Different strokes for different folks Sugar and Spice.I made money the past three weeks,and it was not in G.I guess that is the point.

Only one person on this board that really rides it out! I'm willing to bet a coke he has more money saved than most TSP folks that make frequent trades. NEVER NEVER NEVER use long term investments portfolios for trading.
That said, I trade my account! I'm also behind some L Funds in gains.

Good Trading / Investing

Just something to think about.


GO GO Birchtree!!!!

Investors and traders fall into three major categories:

Those with long term investment accounts only. This type of investor is not concerned with what the market is doing today or even tomorrow. Their eyes are on a long term investment objective without regard for short term market fluctuations. In other words, investors are concerned primarily with time.

Those with trading accounts only. This type of investor is keenly concerned with paying attention to what the market is doing right now in order to capitalize on opportunities to latch onto trends and ride them for as much profit as they can capture as long as that trend exists. In other words, traders are concerned primarily with price trend.

Those who maintain both investment accounts for the long term and trading accounts to capture short term price movements. These investors need to make a clear distinction between the ways they treat each account to avoid making tactical mistakes, such as treating a long term investment as a trading investment, or vice versa.


Since Bob Brinkers last buy signal in 2003 the S&P is up over 70%. If you stayed long you have some very nice gains. Just ask Birchtree? I get Bob's newsletter and Money Talk on Demand. For longer term investors, with cash to invest. When the S&P is around 1250 or lower it's a good time to add shares! His opinion not mine. However, when BOB TALKS I LISTEN. He has made me lots of money. Last year he said add shares or new money when the S&P was at around 1180. That's when we all thought the the world was ending, he was recommending buying and Birchtree was adding shares. GO GO BIRCHTREE!!

Turned out to be a good buy. Again, just some thoughts for you to think about as you watch your account get big losses!

Oh, his newsletter is called Market Timer!!!!

http://www.bobbrinker.com/