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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Serendipity who wrote (20870)3/8/1998 9:16:00 PM
From: Don Earl   of 42771
 
Hi Serendipity,

<I have called the price moves of Novell correctly, and yet I am attacked. Why? I do not care to know, but those who read this board ought to.>

Perhaps you should go back and read your own posts to see how often you were the one making the attacks on anyone that had a different opinion than your own. As far as calling the prices correctly, the record speaks for itself. You averaged down to 7s after riding a down trend to the bottom. I've had to do the same thing myself on the occasions that I totally screwed up a trade by jumping in too early and had to throw a bunch of money at it to get closer to even. It isn't something I pat myself on the back for though. From your statements one has to assume that you knew your position would be worth 7% less at the close from recent highs and preferred to ride it down. Very clever. Why not give yourself (and us) a break.

Regards,

Don
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