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Strategies & Market Trends : Moguls Gold- A Thread That Thinks Like a Fund Manager
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To: JeanD who wrote (149)10/9/2000 8:49:44 AM
From: swisstrader  Read Replies (2) of 303
 
Jean, sweetheart, you need to play closer attention...the reason so many got on this thread to "mock" Mogul (besides his sordid history ala the Kimmie thread) was that he went from saying "Cash is King", to saying (just one week ago) that the Nasdaq looked stronger than it ever did, to going back to saying cash is king after the markets started to tank...to say his calls were fickle would be too kind...more aptly, one could say his calls were probably no better or worse than some of the other two-bit pundits who attempt to make market calls on SI, but if one were to trade on his calls of the past few weeks, you would have went short when he called for cash 2 weeks ago (and raged triple digits on the Nasdaq 2 days later), gone long when he indicated that the markets looked strong one week ago(then tanked just 24 hrs later) and now the call back to cash after most of the carnaged is now lying in the streets for all to see...again, a case of shooting the wounded after the battle.

Careful!...any second now we'll see West, PD and perhaps the Queen herself come on after we really take a hit and tell us "I told all my VC clients and my closest of trading friends of this pending doom" (translation: heck, I thought I knew what I was doing here cuz I made a buck or two in '99, but I guess I'm just as dopey as the minions I was preaching to, but certainly cannot let them know this).
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