Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.620

+3.2%

Dec 5 9:30 AM EST

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To: J.Y. Wang who wrote (6727)	2/15/2000 3:07:00 PM
From: Kevin Podsiadlik	Read Replies (1) of 10293

You made an assumption, and we know what those are. Am I supposed to think it's likely that you emailed him to say "hey, great article"? No. Don't even know what the Naked Truth thread is. It's a group of bears for whom a great market crash (dubbed "The Big Kahuna") which will bankrupt half of America and especially Michael Dell, is never more than a week or two away. They're a little more fun than that, actually. That comment sounded like something I'd read there. Do you want to tell us or do you just like wasting bandwidth? How about the simple common sense of always having a reserve to be able use to load up when the situation calls for it? The worst thing that can ever happen to a hedge fund manager like Cramer is to see a buying opportunity and have no cash available to take advantage. How many momentum traders read Greenberg, Bronchick, Padinha, or the other thestreet.com writers who think the market is insane and essentially a fundamental-less casino? <raises hand> 1) Market is going higher because the economy is good; 2) Good stocks will go higher and higher because valuations (price) are irrelevant now; 3) Individual momentum investors are smart; 4) Institutional value investors are stupid. Replace "smart" with "right" and "stupid" with "Wrong!", and I'll call it close enough.

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