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Strategies & Market Trends : Steve's Channelling Thread

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To: SBHX who wrote (3263)	7/15/2000 8:39:20 PM
From: Mark Johnson	Read Replies (1) of 30051

Thanks Scared for the response..... You said: <<<The real problem seems to be that too many people buy only one stock.>>> Scared, I own over 15 stocks plus mutual funds in our retirement accounts.... <<This makes the stock take up too much of their lifes>> Stocks do take up a lot of peoples time...as an example look at the huge amout of time Zeev spends posting on this thread..... Scared, Zeev has insulted many a long-term investor on the Valence thread.....Investors who have spent a lot of time understanding the dynamics of Valence......an area that Zeev has remained totally ignorant, yet he professes his opinion on the Valence thread quite freely(although not much lately)....I really am not interested in continuing this dialogue....but from the private messages I recieve I feel obliged to reveal Zeev's record since he is such an admired poster....In Feb. Zeev had a short term price target for Valence at $65 to $70 I know investors (not daytraders) who thought that was good advice and acted on it....Zeev has formed his opinion strictly from his turnips without researching the Valence issues (sorta weak from a long term perspective)..... I wish all the luck in the world to the daytraders on this thread...(Hey, I was in rmbs for about a week for a $52 point gain)....THX. Just want to keep the Valence record in proper perspective... Regards, MJ

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