RE: 52 week lowFor OOSTS
Allow me to suggest a few things and give a few of my thoughts, in the hopes of in some small way providing help in a world that is full of the need for help, given the tragedies which have befallen so many and which no doubt will befall many more.
The price of SMY goes up last spring and the company is attributed all kinds of amazing properties, and opportunities immeasurable and unknowable to the human mind (go back read the chat from that period to learn of the human condition, and of yourself because you are a part of the spieces). Study the emotions, of the people posting to this board. Study the human emotional condition and the results you achieved and no doubt others likely might have a achieved, possibly as a direct result of Emotions. Look at the stock chart for the periods, too. If you observe that emotions seem to interrupt what would be logical behaviour as I suspect, then ask yourself this very serious question. HOW can I do better?
Then ask, what obstacles and forces are at work and in my way to prevent me from learning and changing my actions. What must I do to change my results. Never ask what someone else can do, or should do !
Please I beg you to do this. Use the power that you have and use the internet to learn and better yourself.
All life exists to learn grow and better itself. Personally I suspect even plants do this. Rocks do not!
Now the price declines and the same company is just as hopeless as it was grand!!! I think not, but I may be wrong.
I believe the little money is separated from their money by such things and truly it is the emotions of the little money which make the bigger money, bigger.
The market place is a predatory system.
Every morning in Africa a Gazelle wakes up. It knows it must run faster than the fastest Lion or it will be killed. Every morning a Lion wakes up. It knows it must outrun the slowest Gazelle or it will starve to death. It doesn’t matter whether you are a Lion or a Gazelle...when the sun comes up, you’d better be running!
At the macro level view, the market place is a preditory system, but IMO at the micro level almost each participant is their own worst enemey. This is a bigger problem than it first seems, because people have a hard time changing themselves! Only you can change you. I heard yesterday that 9 out of 10 people cannot hold a diet for more than 1 year. Such is the struggle.
eagleman ( Trading stocks is simple but it is not easy. )