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Zecco.com » More Investment Ideas » Everything Else » Ways to beat the stock market blues
Last post 07-11-2008, 9:29 PM by slacount10. 1 replies.
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  •  07-11-2008, 8:46 PM 33381

    Ways to beat the stock market blues

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    The Dow broke 11000 at one point today. Times are hard in the stock market. I found a way to make myself feel better. Typically trading psychologists/behaviorists say you should never check the stock price of a stock you've sold. No looking backwards. But today after a really crappy week in the stock market I say it's okay to look up companies you've sold.

    You've sold stock to take profits, or out of fear it's going down, or because you wanted to move your capital elsewhere. Look up the stock quote of those sold companies today. You're likely to see they're down a lot. You made a good call!

    Anyone else have tricks to beat the stock market blues?

  •  07-11-2008, 9:29 PM 33383 in reply to 33381

    Re: Ways to beat the stock market blues

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    Im with you.  I sold XTO at $71 and within a week it dropped to $59! That cheered me up quite a bit.  But now I keep thinking I could have bought the stocks I own at a cheaper price because they just keep dropping on me...
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