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  1. Perp

    So which camp was right the doomsayers or the property faithfull?

    Thanks for reminding me to re-listen to Randy Pausch's Last Lecture. (This is the abbreviated, 10 minute version given on Oprah. The full original 1hr+ version given at Carnegie Mellon University can be found here. Edit: LMAO at his Mum's lesson in perspective. Randy was complaining about how...
  2. Perp

    So which camp was right the doomsayers or the property faithfull?

    Oh, don't even start me! :D I have a very dear friend who had some shares gap below his stop overnight, about 3 years ago. Trading 101: what do you do when this happens? You sell immediately, before your losses get bigger. He had a stop that equated to an $8K loss; the gap meant he'd make a...
  3. Perp

    So which camp was right the doomsayers or the property faithfull?

    At the risk of sounding like a fence-sitter, I find the truth (and profit) is nearly always found somewhere between passionate extremes. (The clever part is choosing precisely where to position yourself within the large middle ground. ;)) I agree; my recipe for 2010/11 is be patient in...
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