Originally Posted By: eightbore
that has appreciated 33% from its purchase price in an hour is not good investing.


Hitting a bid just because you have a nice profit in a short period of time is not good investing….Being patient enough to liquidate your piece of inventory when the price is no longer commensurate with its replacement value is...

Having traded literally billions of dollars worth of equities over the past decade, I can safely say I am well attuned to investment value and psychology...LOL

JRH

Last edited by JRH; 08/02/07 04:09 PM.