MV Classic Series: Intimacy Issues
Sometimes NO means invest!
Originally posted on November 14th, 2002 7:37am
Todd Harrison is away on vacation but will return to Minyanville on July 7th, 2003
Some love is just a lie of the heart
The cold remains of what began with a passionate start
And they may not want it to end
But it will it's just a question of when
Good morning and welcome back to the mind games. The Minx played hard to get yesterday and flirted with the bulls and bears all session long. When it was all said and done, she couldn't make a commitment and left both critters longing for more attention. Now, the morning after, we once again find ourselves looking to establish a healthy and profitable relationship-while trying to avoid a broken heart.
You can't blame investors for doubting the market's intentions as she's repeatedly lied and cheated on them. They say that love is blind and I suppose that's why jilted traders keep coming back for more abuse. As with all relationships, however, there's invariably a reason why a connection was made in the first place and affairs of the heart tend to run deep. The love of money is an intimacy that many are having a hard time living without and a scorned investor is a dangerous thing.
The hardest thing a person can do is look within and ask some honest questions. Is this market good for you, both metaphorically and physically? Are you happy? If not, what will make you happy and how do you go about getting there? Life isn't a dress rehearsal, my friends, and we don't get the chance to do it over if we don't like how it played out. The financial choices you make-or don't make-will directly affect your quality of life and you owe it to yourself to do the right thing.
Before you pledge your undying and eternal love, ask yourself what you're looking for in this situation. If a quick fling is your thing, you could very well get lucky and score. If, on the other hand, you're looking to settle down and establish a long term commitment, you should ask yourself if this Minx has all the qualities you want in a market. When it comes to your money, the last thing you should do is compromise or lower your standards. You're too good for that.
The balance of power is yours for the taking and self-confidence is an essential element of the proactive decision making process. Believe in yourself, define your limits and think positive. If this Minx isn't for you another one will certainly show herself down the road. After all, one door closes and another door opens.
Good luck today.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at firstname.lastname@example.org.
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