Transfer 4/28/04 for 4/29/04

[tsptalk]

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Mr. Duke wrote:

Confidence in decisions should not be confused as cockiness (It is all guess work anyway) ...Additionally I don't consider individuals telling of losses as being whiny...It helps sometimes to get these things off our chest especially when we know we are not alone...

That "whiny thing" was more in regards to poker. Losing poker players are some of the biggest whiners. A quick example, I see good players berate bad players for making a bad play that beat the good player. Rather than just saying "nice hand", they tell the poor guy how terrible he is. The bad player at that point either leaves or tries to start playing better. Neither are good for your poker winnings.

By all means if you have been having a bad run in the market, talk about it here. I loved GTO's poston another thread about how bad he had done the past week or so. He managed to express it with agreat attitude. It's easier to get out of a slumpif you have that attitude.

I'm not ridiculing anyone for being over confident. Just be aware of your own attitude. It has slammed me many times. I've learned to try to be humble. Because if you don't, the market will do it for you. It's just been my experience, particularly with the market and poker as I talked about, but it also works for just about everything in like.

Have you listened to any of the weekend market shows? Boy are these guys negative on the market. I know I should like that, but it's hard to listen to them without getting a little nervous. No over confidence problem here

Tom

 

[Mr. Duke]

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FrizzB, nothing was directed at you, just responding to Tom's comments..

Tom, Not trying to slam you or anyone else...just putting in my two cents worth (no pun intended)...just an opinion.... As I have stated before you have intiated and developedan outstanding web site with andtremendous amount of information sharing...If I have done anything to offend you or anyone else, I apologize.

I will tone it down...just my nature to be aggressive in my decisions

Happy Trading everyone!

 

[tsptalk]

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You're OK Duke. Stimulating a discussion is what this is all about. :^

 

[puertorico]

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if today looking good and tomorrow may not

rise intersrate

what it's u opinion or comment for tuesday

May be time to risk:?

 

[Frizz B.]

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No offense taken, I believe in this and I have been trying to get people that I work with to use my differential system. Like most people, they have been skeptical. I have one doctor that uses my system and now he owes me lunch. In the month of April I made him over 400 shares of S Shares. I now have two more providers that are going to use my system. I just tell them when to change and they do. I have a standing offer to the people in my office. If I make them shares in the month, they owe me lunch, if I lose them shares I buy them lunch.

I believe I am a lot like Tom, I like to see others do well and I do believe if they follow my system they have a good chance to do that. Since Jan 15th, I am up a little over 8% for the year.

Thanks Duke for your senserity.
Is the Wilshire 4500 actually down .98. My screen shows all the funds up quite significantly and the S Fund down.

 

[tsptalk]

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Is the Wilshire 4500 actually down .98. My screen shows all the funds up quite significantly and the S Fund down.

No, the quote has not been updated since Friday's close.

 

[Frizz B.]

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Thanks, that is what I thought, had me worried the first couple of times I looked at it and then I realized it did not change.

 

[Frizz B.]

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Looked on the quote board and it is up .73%.

 

[TRAVELER]

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Hello Frizz,

Would like to take a look at your differential system---is it posted somewhere in the message board---sounded interesting to me!!!!!! THANKS KEITH

 

[Frizz B.]

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In Allocations under FrizzB's account talk and FrizzB's Account, any questions please feel free to ask.

 

[TRAVELER]

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TY FRIZZ

 

[tsptalk]

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And as a reminder, please make your comments in the "...Account Talk" topic. We try to keep the actual Account ("Frizz B's Account" in this case) topic free of any other posts but for the account transactions and explanations by the account holder.

Thanks!