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To: Michael Davis who wrote (10324)	12/13/1997 10:07:00 AM
From: Trader X	Read Replies (1) of 17305

Some clarification is in order. I did say something about BYDS once or twice. But soon realized this was a passionate issue with Andrew, so I let it drop (literally). I had my say, and if anyone wanted to heed my advice, they had the chance. I learned a long, long time ago that Andrew woudn't be swayed by anything I had to say about buying into a downtrend, or falling prices. But sometimes I think it's good that people read also about the dangers of doing what he does, even at the risk of him taking it personally. I do not have a problem with "selective investment". I still point out good stocks to buy in this bear market, too. The problem I have is with the misguided and harmfull investment practice of "averaging down"--in a bear market. This isn't just "a problem between AV and Kevin". This is Andrew once again threatening to withdraw his posts because my opinion is different from his. It shouldn't be that way. This thread is not a dictatorship. It's a democracy. Kevin

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