Dont sweat the daily moves. Remind yourself what you are in this for. What was your goal. What has happened to stop you reaching your goal.
( With ATM i figure the world is broadly getting richer. As we get richer we become more worried. As we become more worried we look for alternatives to the traditional nutrition which are now the perceived causes of our worry. And we now have the money to put those worries to bed. I see this worry increasing over the years and I see consumers having more money to spend on supplements. Of course I could also be barking mad )
Well I for one think you're barking up the right tree.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Yep, looks like we will have today some serious gap filling. The Moose predicted it (in some different place) when everybody else was still euphoric.
Interesting question is - will we reach the bottom or will we drop below the MA200 (which sort of coincides with the bottom of the respective gap (around 930 - 950)?
Got in at 999 today and read your post just now BP...eeekkk... should have waited...
Got in at 999 today and read your post just now BP...eeekkk... should have waited...
Its done now. Sit back and relax until your stop loss gets triggered. I haven't met a person yet who can accurately pick the lows and highs of anything
It's clear that selling at $13 was a very very compelling option; given that at the time the share was overpriced. If you sold at $13 and found an actual bargain in the market to replace ATM with, you would be on the path to doing very well. ATM has experienced extreme growth and there are certainly lower risk shares that could produce similar or greater returns from here.
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