Creative Computers(MALL) Message Board

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Technology Stocks : Creative Computers(MALL)

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To: Richard B. Haenisch who wrote (632)	11/27/1998 1:07:00 AM
From: SkyDart	Read Replies (1) of 1634

LITTLE WAGER...<< [Post391; Nov 20] To Tom: At this time and through the 11/30/98 IPO of UBID, I would bet you a quarter (25 cents) that we see a significant runnup in Mall to the 40 to 50 range>> Well, I have not yet received the quarter from Mr. Hua, but I believe I won the bet. Would be interested to know if he accepts [and pays] your wager. I sure would have hated to be short Mall at 28 [ouch!!] and even at 36 I would be hurting badly.... The whole situation reminds me of a passage in a trading book that states pride is extremely expensive and the market is a great humbler. The market tells one which direction it is moving whether one agrees or not. If one continually tries to "prove " the market wrong, one is taught a painful and expensive lesson. Instead, the book recommends one think of the market as a powerful wave that can be ridden but not changed. With this philosophy, one "goes with the flow" of the market and profits. One avoids trying to change the wave's direction because this attitude could result in financial annihilation.... JMHO, Jeff

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