Wednesday, August 13, 2008

Enough about Heebner

I'm sure he's unhappy with the situation himself.

I'm down 19.5% so far. But that's nothing, compared to what happened in late December last. Right after Christmas, there were two bumps down from 63.55 to 45.08. Almost 30%. Glad I wasn't aboard then. I wouldn't be enjoying this nearly as much.

It's bad luck to buy high. It puts you in the position of becoming a long-term investor or a momentum player, depending on which way it breaks.

I'm now looking through my long glass at the far horizon. My White Whale is swimming in another ocean, on another side of the world. It'll be new moon in April before we meet up again. har.

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