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Pastimes : John Dessauer's Investors World

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To: simplygold who wrote (1885)11/29/1998 11:08:00 AM
From: m j moraff  Read Replies (1) of 2346
 
I have been reading comments on JD and thought I would finally get my licks in. I have subscribed for several years and I thought I would summarize my experiences below:

I have profited on most of the JD recommendations I have selected as follows: CCR, ERICY, GLX and RP. In each of these I have more than doubled my investment. I averaged down on CD and am ahead on that one too. I have been in and out of PMRX with slight profits.
My losers include CCPKY (still own), ESF and HLT (I am optimistic on this one). I do not rush in to buy, and as a matter of course have taken to selling Puts on some (CD May 15, HLT Apr 17 1/2) which are currently profitable.

JD's main caveat has always been to wait for dips. Over the years he has been more right (for me) than wrong. Just because he doesn't issue a sell on a particular stock doesn't mean you can't take your profit or loss and run. I also think the email charge is crass and greedy and I won't subscribe.

He blows his own horn. So he has an ego - who doesn't!!

In the final analysis, I find his picks as good or better than the other touters. Remember the game isn't over until you leave the table.

MJM
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