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Strategies & Market Trends : APMP (formerly APM)
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To: Rudy who wrote (10795)4/21/1998 8:51:00 AM
From: tom pope  Read Replies (1) of 13456
 
You're absolutely right about drawing lessons from our errors, and I guess we'd all be a little shamed at reading what we wrote when we were expecting the mother of all short squeezes. But there was one element in the disaster last fall that trapped many of us, and that was that Crisman either misled callers about the order book, the prospects for TFI and MR development, or he was misquoted. With such bad info, it's not surprising that many of us were blindsided.

BTW, Rudy, if I remember correctly, you were cautious from about the mid-thirties, weren't you?
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