PatiencePg 56 and of the book Reminiscences of a Stock Operator by Edwin Lefevre illustrates how patience in a stock pays off.
Aman would not only lose his position if he played the reaction in acorrection that is long overdue today, but also a tuition fee. What Mr.Patridge kept saying is that the big money was not in the individualfluctuations but in the main movements -- that is, not in reading thetape but in sizing up the entire market and its trend.
....Itwas never the thinking that made the big money for me. It was thesitting. Got that. My sitting tight! It`s no trick at all to be in righton the market.....
Mr Patridge`s famous quote
``well you know we are in a bull market``
Hope everyone is sitting tight, because this is a tight stock to begin with.