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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Clappy who wrote (85982)3/27/2001 7:58:25 AM
From: AllansAlias  Read Replies (1) of 436258
 
clap,

First of all, I think the joke was in poor taste only in so far as the "see if he survives" part goes. If it were just about dead XXX bounces, then joking about dead cats bouncing, analysts bouncing, Tom bouncing, and the like, has a long history in terms of market humour.

As for your other comments... The only people whose strategy is worth looking at and learning from, are people who adapt as the market demands. Tom does not do that and as such, his so-called strategy is worthless -- it's just dogma. Bear markets make fools out of geniuses. (When the bear ends, other geniuses may be made the fool again. -g)

Although I no longer read the porch, I think it's still safe to say that when the market bounces the porch gets very excited and emotional and when it falls the posting just dries up. There is very little learning and planning that goes on there -- everyone just waits for the market to turn and many, including Tom, expect this nasty episode to end soon and a new bull run to begin. It's denial and is well documented from past bear market experiences.

Tom is not the enemy. CFZ is not the enemy. Denial is the enemy of the porch right now. They risk compounding their errors of the last 6 months if they do not fight this foe.

All mo of course. Cheers.
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