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Location: Was Midvalley Oregon; Now Eastside Seattle area
13,127 posts, read 7,607,087 times
Reputation: 9910
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I've been severely wounded. Very bad.
My AMRN shares/product, collapsed in afterhours; Adverse court decision. From ~13.50 at close to ~4.50; Loss of 66.6% today, -$9/sh. The blood in the street is mine. I'm going to buy more shares at the reduced pricing. There are still barriers to entry for this product.
keep predicting bloodbath ...we just go up and up ...futures up again
These days shouting "BLOODBATH" every day makes you right roughly half the the time, making one look like every bit the genius as someone shouting "REBOUND" every day.
These days shouting "BLOODBATH" every day makes you right roughly half the the time, making one look like every bit the genius as someone shouting "REBOUND" every day.
it is a waste of time to try to predict this stuff ....markets rarely play out the way we all see things and what we think is a given is not the way things play out...
markets tend to flip way before anything changes , which is why getting out is easier but getting in is so hard .
this pretty much shows us why by the time we realize things are not just noise the damage is already done . by the time we think of selling we are thinking we will bounce back quickly and by the time we do sell it is because things look like they can only get worse .
then when it looks like markets have no bottom we turn up ... now you think its a suckers rally and next thing you know you are buying in higher then you got out .
it is a waste of time to try to predict this stuff ....markets rarely play out the way we all see things and what we think is a given is not the way things play out...
markets tend to flip way before anything changes , which is why getting out is easier but getting in is so hard .
this pretty much shows us why by the time we realize things are not just noise the damage is already done . by the time we think of selling we are thinking we will bounce back quickly and by the time we do sell it is because things look like they can only get worse .
then when it looks like markets have no bottom we turn up ... now you think its a suckers rally and next thing you know you are buying in higher then you got out .
I like this chart. Where on the second drop are we now? Denial or Fear?
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,127 posts, read 7,607,087 times
Reputation: 9910
Per graphics:
I'm not sure if I am on the 'optimism' on the left side; Or if I am on the 'optimism' on the right side.
Either way, I am at the end of the rope and holding on with my finger tips (left) or my toes (right).
But I AM OPTIMISTIC
YMMMV
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