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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: milesofstyles who wrote (2055)1/29/1998 6:00:00 PM
From: lazar921  Read Replies (1) of 2377
 
I have not held this loser (amvc) until now...i did sell some time ago, at the next highest point since it was picked. i am not " pissing and moaning", i was just curious as to the lack of involvement of the thread re amvc once it started beaking down. there WAS after all a rec by doug to avg down. he then recently said he sold it...which incidentally breaks the rules of the POW strategy to hold for three months. this is NOT effective money management.....avg down then sell into a lower low....???unless he never really averaged down, but only encouraged others to.he has yet to state when he sold ...if he averaged down....why he broke the portfolio rules of time frame hold....and why now he seems encouraged by the earnings and the 1/16 "Rally"....if he likes it so much...he should buy it and recommend it NOW...it sure is cheaper than when it was originally a pick. does this make sense...i am not arguing w you...i am asking questions to things that have yet been answered and are based on fact.the gains have everyone jumping w glee...yet the losers are mysteriously rationalized away w more "sophisticated TA" as why they were not successful ( i want you to find another stock that from 12/02/97 has NEVER been higher since that day)....or better yet, simply forgotten....you can not deny that this has been the nature of this thread which i feel preys on novice investors.
jeff
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