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Satish,
Thanks for the kind words. The trick is your mind set. If you
understand a trading system and believe in it, then you can convince
yourself that you are right when you follow the system and wrong when
you don't irregardless of whether you make a profit or a loss. Of
course, profits are always nicer <G>. I've always believed that there
are many systems that work, but you need to find one that you
understand, trust, and are comfortable with so you can follow it
without wavering. As soon as you start to second guess a system,
you're heading for trouble. The worst thing that can happen is to
second guess and make a profit because that will encourage more second
guessing in the future.
It looks like the long announced correction may have started.
I'll have a hard look at the indices this week end before I decide
what to do. If I don't get a clear impression, I'll just set on my
unexpected large cash position for a while.
Jim
-----Original Message-----
From: Satish Gupta <globetrotcom@xxxxxxxxxxxxx>
To: 'metastock@xxxxxxxxxxxxx' <metastock@xxxxxxxxxxxxx>
Date: Wednesday, May 27, 1998 1:21 AM
Subject: RE: Weekly Pick
>Jim,
>>
>> I admire your discipline of following your strategy so faithfully.
I
>> personally have lot of problem selling.
>>
>>
>> Keep up the good work.
>>
>> Satish
>
>_____________________________________________________
>WebAddress: http://home.earthlink.net/~globetrotcom/index.html
>e-mail: Preferred: globetrotcom@xxxxxxxxxxxxx
>e-mail: Alternate: globetrotcom@xxxxxxxxxxx
>_______________________________________________________
>
>On Monday, May 25, 1998 6:35 AM, Jim Greening
[SMTP:jimginva@xxxxxxxxxxxxx]
>wrote:
>>
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