Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.730

+10.2%

Nov 11 3:57 PM EST

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To: McNabb Brothers who wrote (7401)	8/14/2000 4:20:57 AM
From: Bill Wexler	Read Replies (3) of 10293

<<<When you left you said you were leaving because of all the low life posters on SI and that you had found a better site to post on>>> Correct. Message 13052504 <<<Now you come back and say the reason you left was because you lost so much money you had to take a break from trading>> Incorrect. I said that while I was away I lost money. I said that while I was away I took a break from trading...but neither reason had anything to do with my initial departure from SI. Message 14190358 <<<You keep posting to this day how right you were when in fact if you lost so much money>>> <<<then where did you and how did you loose so much money?>>> I think I already discussed this. I bought value such as WM and GT near the bottom, but sold at a loss when they continued lower. I then bought more tech near the top (stuff like INKT, CNXT, etc.) I believe I did discuss the entries to some of these trades here before I left. When I went to the MWS site I continued to average up on momentum. I lost hundreds of thousands in their collapse. You can confirm this with Dale Baker as my trades unraveled in real time on the MWS site. Not all of my positions crapped out. My averaged-up shorts (such as the GUMM fraud) did very well, and some of my longs (example: NVLS) did very well, but the losses I booked overwhelmed the successes. I overtraded and paid dearly for it. Message 13031467 <<<Facing the facts and admitting ones weakness or faults is the first step to recovery.>>> What am I recovering from? <<<but you seem to be as bitter today as the day you quit us >>> Bitter? I was simply incredibly annoyed because of the nonstop spam from GUMM fraud promoters. I am far from bitter, and just because I took a massive hit in one year doesn't mean I am out of the game. Trust me, I am still very, very much in it. <<<I'm not saying the GUMM and VLNC companies are scams or not, >>> I am saying they are scams...becuase they are. Zero doubt. <<<but you let posters on SI make you so mad I believe you can't think straight>>> Let me get this straight. You can see a post like this: Message 14207410 ...and you're telling me that I can't think straight?!?!?!?

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