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Non-Tech : The Critical Investing Workshop

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To: tekboy who wrote (34606)2/26/2001 1:02:17 PM
From: jambo-bwana  Read Replies (1) of 35685
 
go back and read what you wrote--that during the decline the G&K crowd has received its "just deserts."

The indiscriminate use of gorilla gaming is the surest formula for receiving ones "just desserts". How many people among the regulars do you know who cautioned against buying stocks at any price no matter what the valuation with the notable exception of Mike Buckley? Now after those stocks have been decimated suddenly discussions regarding valuation have come into vogue!

How many on that thread ever advocated sound money management other than not using short term options and margin? I will not blame the thread for your proclivity for margin and options - I will be charitable to the thread and ascribe it to your being somewhat challenged when it comes to such things.

well, maybe "gleeful" wasn't so inappropriate after all.

Stating the obvious, tekboy - though the truth may hurt - about when people usually bail in bear markets. It has happened time and again and why would you be an exception especially given your proclivity to margin yourself to the hilt.
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