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>This is the case for some, but I find it entertaining. >Tuesday I looked at the market, and saw NASDAQ was
>down 500. I looked at some of my stocks (Look at >that!- down 30% today!), thought I saw some >opportunity,
>and even wondered if this wasn't a good time to start
>with 6/3 options. I looked at some quotes for options >on JDSU, TTN, PMCS at eDreyfus, then sat back and said >"what am I doing; I'm not prepared to do this >properly, even if the prices do turn out to be great. >Besides I have to go meet a friend for lunch."

Good points.

I found Tuesday to be interesting and entertaining. But it wasn't a buying or selling opportunity for me. It wasn't a rebalance day for any of my MI screens. I have 100% of the money I allocated for stock investing, invested. To buy more I would have to either sell, or violate my own rule on how much margin I am comfortable with (I'm comfortable with 15-20% margin). Going more on margin when the market as a whole is sinking? That way lies madness. If I had extra money for investing, why wasn't it already invested?


To be emotional about stocks is human,
To follow the screens divine.
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