What you see is the most genuine reflection and validation of all. Observations trump emotions, that is, if you are able to contain yourself.
Broad markets tell a story.
Underlying base tells another.
The stock itself indicates otherwise.
So who is right? Who is wrong? Price pays, but time is the x-factor. Pray and hope to buy time, and price will either be on your side or against you. This is what we face whenever we are exposed in such ways.
Right now, I am observing my position and though I am 'biased' to the underlying base patterns, I must not let the 'fact' that the price of the stock has moved a certain way. Regardless, the patterns and tracks give you clues.
Just stick w/ the plan.
2 comments:
Hi moogle fishy,
Sorry for not replying sooner, and also sorry for not replying in the appropriate place (blogger seems to make this hard).
I firstly wanted to say thanks for reading my blog. In relation to your comment, Australia is really great. I might be biased though, since it is, and always has been the place I call home.
I see that you reside in the US. I've visited there briefly, and I guess in comparison there are a lot of cultural differences.
Perhaps you would be more interested in the financial contrasts though. Since the AU dollar has hit parity with the US, I've found that it's much cheaper to purchase goods from over there. The mark-up rates for the exact same products (esp. electronics) in Australia is unbelievable. I've also found that "eating out" is a much more sustainable thing over there vs. here. For instance, you have to pay $3.50 for each drink you buy in a restaurant (no unlimited refills), and most cooked meals start from $14.
Anyway, that's enough of me rabbiting on. Sorry again for the lateness.
I'm 3/4 of the way through with my combined degree. I'm doing a Bachelor's of Science, majoring in Psychology, and a Bachelor's of Art, majoring in Gender Studies.
Ha, thanks for the compliment on my blog design. It hasn't been updated for around 4 years, so the pictures may seem a bit infantile. I actually drew them myself way back when.
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