Some very good professional traders are often overcome by their own sentiment.
These were statements made during the March and August declines:
"This leg down is not over -- Stay Alert." August 20th
"This is NOT how serious bottoms are made." March 2007
But could this guy be right, especially as inflation knocks down the "real" value of stocks?
"1374 will never again be seen in our lifetimes........mark this down." August 16th, 2007
I try to be aware of my own sentiment as it causes eye trouble.
Sentiment turns one's charts into mere optical illusions.
In the end, we are human and logic often loses to emotion.
And often logic is clouded by "news" and "funnymentals" as we begin to believe the sky IS falling.
HA! Here are the ads that popped up.
Even Google must be bearish!:
Provide warmth to a homeless person!
And Foreclosures:
Edited by Rogerdodger, 22 September 2007 - 01:57 PM.
