The Naked Truth - Big Kahuna a Myth Message Board

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To: MythMan who wrote (35402)	4/22/1999 9:44:00 AM
From: accountclosed	Read Replies (1) of 86076

None of us know what each other are really doing. The thing that has me off on this tangent is the everyday scenarios that we crash last Friday. Aol will be 80 on last Monday. Cpq will be 7 on last Tuesday. We crashed last Monday. Last tuesday, the dollar will get creamed...Look out below. etc. etc. Chasing the scenario and the exact timing obsession make me conclude that some have lost the 90/10 and 1/3rds discipline. It may be a wrong conclusion. But we don't really have the data so I have to work with what I see. I have said for a long time that I think valuations are out of whack. I'm not doubting that. I'm not doubting that a 90/10 and 1/3rds discipline would have even caused pain. But the tomorrow we crash...no we're doomed...talk has escalated to such a pitch that it has me concerned. I just don't want my friends to get hurt.

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