Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: โThe principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.โ
Edwin LefevreWhen you find that it fails to respond adequately to your buying you don't need any better tip to sell.
Edwin LefevreIn fact, of all hoodoos in Wall Street I think the resolve to induce the stock market to act as a fairy godmother is the busiest and most persistent.
Edwin Lefevre