Well, Ray, I just read a bunch of your messages in other threads, and then you put the cherry on the cake with your last post here, and I now regret the conciliatory tone of my previous message.
You just told Vic "I don't invest in stocks I can't understand", but you admitted to doing so in a previous message, and blamed your woes on Raleigh.
You would do well to read my post today in the "Stock of the Day" thread. I wrote a quick Access database to see how well the stocks did that everyone in that thread was saying were going to do well. I started out with all of the messages in June, but quickly decided not to go back that far because of the sheer volume, *and* the disheartening fact that 16 out of 17 of the picks I'd gathered in early June were absolute DOGS!
I ended up gathering the same data from the December posts, and those actually did quite well. Up something like 42% as a group in 10 to 40 days.
I can't really speak for SI, but my take on it is that it is nothing more than a forum through which we can exchange our own information and beliefs about particular stocks. We all have to choose how we'll use that information. As a forum, it has been *extremely* valuable to me.
However, you have to decide which stocks to buy. If you lose money, (I'm down 10% since I got into the market again about 2 months ago) it's your own fault and nobody else's.
The message regarding RB's picks had some merit in that it served as a reminder that nobody is right 100% of the time, and that if you don't time things correctly, you'll lose. However, I was unable to find any other messsages of yours that actually *added* to the topic at hand. All of your messages seem to attempt to tear things down.
I don't know why you even bother. It's quite obvious to me that SI isn't doing you any good. It's equally obvious you're not contributing anything of value to SI, either.
That said, if you'd like to flame me, feel free to do so to bytor@sound.net. |
