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Am I mad...????

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el_torro
Regular Contributor
I just went short on Sasol....help!!!
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12 REPLIES 12
SimonPB
Valued Contributor
mad - yes. Help, beyond that. Just send me all your money.
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el_torro
Regular Contributor
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Not applicable
not mad...just stupid and uninformed....SOL has hedged itself against the oil price...sure it will have some effect but this connection is at the best of times tenuous....just stick to the charts....dont try and make sense of the news flow cause whatever you get to hear the is so stale that its going to cause a rot in your portfolio....this is the supreme kind of arrogance....to think that you are the only one that has access to the news you just received and that you are the only one that can make a logical deduction as to what the effect of this news is going to be....in any case oil has far from peaked...
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Not applicable
Don't short the bull, dude...
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Not applicable
Jes to add - remember how a night-desk sub at Bloomberg's Johannesburg bureau let the Pastorini thing slip through? Thing is, media is essentially reactionary - it responds to events that have happened. By the time you read it, it really is old news. So like Chartist says, stick to the graphs, dude.
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trigger
Frequent Contributor
does a bear [email protected] in the woods?
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el_torro
Regular Contributor
Hhmmm....thank you, Chartist, for your light and polite response; Indeed, it appears that arrogance might well belong to the one who assumes he knows it all, and believes the charts will foretell all!? Lighten up, enjoy your day, and make some money, friend....
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ell torro....pse I dont mean this personally....when I talk like this it is a kind of parody of the discussions I have had with myself/still have with myself....its part of the process of unlearning some of the natural stuff we do which is not good for our trading...its about going against our natural instincts and emotional wiring....I am sure you are a nice guy and would not normally be considered as arrogant....however in your relationship to the market you are extremely arrogant and you know what the market does to arrogant people....
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Ditzy
Frequent Contributor
yep... and it doesn't kiss you first
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Not applicable
Yeah, and when you try CALL in the morning it PUTS you in your place...?
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el_torro
Regular Contributor
Thanks C; point taken; no issues; Will chat again in Sept...
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DST
Super Contributor
You and your tantric training - you want it all now, huh?
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