Ali was a hero. Ali had a huge ego. Never questioned himself or his ability that I know of. He always felt he was very good. He was a champ. "Float like a butterfly sting like a bee." I admit he finally did die!
Big difference between fundamentals and technicals. Fundies work on beleifs Techies work on what they see. Techies who read the news are actually Fundies
Im sure there are plenty of jobs where playing 'Macho Man', as PTJ called it, works as it is a form of psychological intimidation against your opponent. But the Market isnt scared of you. Doesnt give a shit how tough you act. It reminds me of Kasparov the chess player, he could intimidate other players at the board. Snigger and laugh, shake his head at their moves. But that didn't work against the machines when they got near his level.
Doubling your stop loss and giving a bad trade more room never ends well, especially when the NDX is breaking out to new all time highs.
Just for the record, am still in long and holding gold (7 different stocks bought simultaneously). Will let you know on the day for the exit. The post above was Sunday 12 March. ASX Stocks, EVN, NCM, NST, RRL, RSG, SAR, SBM
Ali was the finest boxer I ever witnessed but his antics put a dagger in the heart of sportsmanship. He had the charisma to carry it off....few else do.