Did you know that hockey and the
Market have a lot in common?
I was supposed to go to the hockey game last night, but somehow everything I did yesterday just took a little longer than I had figured, so I didn't make it. I was thinking about sitting there watching the hockey game drinking beer and eating a hot-dog; and then I remembered my unfinished Market homework; then my thoughts flipped back to hockey and then back to the Market. Did you know that hockey and the Market have a lot in common? You can also drink a beer and eat hot-dog while playing the Market. Go along with me on this one. Let's say you're a little late to the game and you missed a goal in the first period, well you can still see the rest of the game. Then let's say that the stock you wanted to buy just jumped up two points, well you can still buy it for the rest of the move. You're at the game and the score it tied 0 to 0 going into the bottom of the third period. A stock you own has moved in a narrow boring range for three months. The Goalie stopped ten shots in a row, and then his timing goes bad and he gives up four goals in two minutes. The CEO of your stocks that was supposedly going to new highs admits that he falsified documents and your stocks crashes. The team's best shooter scores a hat trick with three consecutive goals. The newly hired VP of sales lands a huge contract. A fight breaks out and half the team is ejected. The FDA denies the approval. There are minor league players, small speculators, major league players and institutional investors. Yes, my friends, the secret of success in the Market is to understand hockey. Don't get hit by a wild puck or confused by the fast action. Get yourself some goals, and play to win.
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