Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Re. got4's swap of GM for ATT, yes, that strikes me as an emotional decision based on questionable information. Now how about this scenario:

Yesterday I saw that GM was newly arrived on the FF list, meaning it was primed to go up at some time over the next x weeks or months. I checked the price around noon and found that it was lower than it was when it made the FF. I figured that if the FF formula said it was a bargain and it had since fallen, it was then even MORE of a bargain -- so I bought 100 shares.

Was that an emotional decision?

If GM goes up substantially anytime soon, I'll sell it. If it doesn't, I'll hold it. Is that discipline?

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.