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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (25328)12/15/2000 1:17:27 PM
From: Sully-  Read Replies (2) of 65232
 
Keith,

You are right about Voltaire not being required to post his every thought & final buy/sell decision he makes in the market before he actually contacts his broker. One thing you might consider is that the MSFT news was an event that could/should have changed everyone's short term plans.

Voltaire looked at the landscape & made his play. Rather than continue buying & no selling, he chose to sell & continue buying. Since this market moves faster than one can think & type, how can you call him deceptive for preserving capital first & spending time leisurely posting here second.

Bottom line.... we all had this information before us to decide how we will act/react. Each one of us is personally responsible for protecting our capital & ALL of our BUY/SELL decisions. If you or anyone is going to wait for Voltaire or anyone to take you by the hand & say SELL!!!! or BUY!!!! well, you will be the one who ends up disillusioned..... & quite likely broke.

I take issue with calling his actions deceptive. Just because he made some sells..... he still was buying this market..... and he had absolutely no obligation to take precious time to post his every thought here before acting on his own personal investment decisions.

Think about the series of events since MSFT warned & the futures, news, etc., prior to the open today....... If you took the time to post every one of your personal investment decisions you wanted to make this AM, would you have had time to actually formulate sound decisions, post it & actually act on them??

Your PM'ing friends & perhaps you, need to start thinking for yourselves & using this thread for news, analysis, opinions & supplemental data to your own personal DD. If you are making buy/sell decisions from Voltaire or any thread leader....... well, you will find yourself behind the curve when quick thinking & reliance on your own abilities are most critical.

In that event..... You only have yourselves to blame IMVHO.

Ö¿Ö
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