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Author: hondodog Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 37  
Subject: outsmarted by the market Date: 3/14/2003 8:24 PM
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well, it's time to confess. i have gotten sufficiently arrogant after almost 3 painful years of stock investing to think i know what the market might do....

i sold off half of my DCI holdings anticipating a drop just before invasion, and rebound, like all the experts are saying. i thought i could sell some, use it for ready cash to buy even more shares of as the share price plummets into the low 20's. DCI is now up almost $5 from my sell price....

if the share price breaks at all from here, i may be lucky to buy back at near break even....what was i thinking?

i am resolved to stop thinking... or rather, after i have done my homework, identified the stock i want, and the price i am willing to pay, i am now sworn to buy it and leave it alone. (after, putting a stop-loss price in for risk management).

anything more sophisticated than that is clearly beyond my mental skills...
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