One of the great things about the market is, the markets don’t care about you.
The market doesn’t care what color you are.
The markets don’t care if you are short or tall.
They don’t care about anything.
They don’t care whether you leave or stay…
I met the guy who wrote this best seller now called, Bringing Down the House, it’s about these MIT guys who beat the blackjack tables. And part of the problem, if you’re going to be a blackjack counter is that the casinos don’t like you.
They actively don’t like you. And they come and tell you in rather strong things to take your business away.
Well, the beautiful thing about the markets, they don’t like you, they don’t dislike you, they just don’t care.
They are there everyday. You want to play, you can play. You don’t want to play, don’t play. And you can choose. You sit, there is no penalty.
You know, when you stand you know…I don’t know how many of you play baseball…when your at bat if something comes through the strike[zone], if you don’t swing you still get a strike against you.
But the markets are a no penalty game. You can stand there and wait. You can go home and wait. It doesn’t matter. And that’s really a terrific thing.
By Larry Hite