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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: TripleWitching who wrote (1833)1/24/1998 11:14:00 AM
From: David Smith  Read Replies (8) of 2377
 
I think my observations are entirely valid and relevant. I'm merely noting that the thread's discussion of FIBR is now in the "time to average down" and "FIBR for the long-term" mentality, when the stock has more than doubled in the two weeks BEFORE it was posted here as an official "pick." That's the same pattern that occurred with many other picks here. Take a look at the chart on MLOG, which was posted about here at the apex of a price and volume surge...then proceeded to drop from $8 to $5. Take a look at the chart of RLLY, which debuted here to much fanfare at $4 (remember all the joking about hamburgers? Fun!), only to fall to $2 very quickly. There are many, many others that are conveniently and slowly "forgotten", as the quick traders (and often the most vocal and early posters) get out, and then counsel the "investors" to hang in and average down for the long term.

As far as me "throwing stones on Friday 5 days after the play is done and the results are in"...welcome to the world of investing. Analyzing the play after the results are in is how the game works, since results speak for themselves and establish a history of success or failure...and success or failure--not hype, emotion, or personal insults--are ultimately all that matters in this business.
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