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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (1063)6/6/1998 10:55:00 AM
From: majormember  Read Replies (1) of 1720
 
Rainier,

You have my complete support for the absolute integrity you have shown, as well as the incredible FA/TA skills you possess.

I'd like to share my personal experience as well. When I first came
to S.I., Doug R's 56/TA thread was one of the most predominant.
They had a "Stock of the Week" pick for a while. Well, as a
complete newbie reading all that great TA, I thought for sure,
"these guys are so smart, I'll do well following their picks."
That thinking came close to financially devastating me (and I
know many others, who have quietly gone by the wayside).
And yes, I do take full responsibility for my buying decisions.

Let me list the casualties, as they were literally 90% of ALL
the weekly picks AFTER they were posted. These stocks literally
tanked after they were posted. There are more, but I'd rather
not go through all my old losing trades...

1. VVID
2. TRIBY
3. CHAT
4. RLLY
5. QUST
6. SEEQ

I'm not trying to slam anyone here. I ask you to stay because you
have helped make many peoples lives better, and in this age of
"idiot postor's" you provide the calm in the storm.

Knowing you will make the right decision...

Respectfully,
Skane
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