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To: John Hauser who wrote (148768)12/8/1999 4:10:00 PM
From: edamo  Read Replies (3) | Respond to of 176387
 
john...enuff of the mcom already...

really now, how can anyone say that it is a ditch digging type of investing when the ditch diggers as erratic, nuts whatever they are are striking gold...hard to believe no one is getting lucky...

difference between the novitiate on line no nothing momentum traders is that they have learned to move quickly out instead of crashing and burning like a long term buy and hold....

can't stick my head in the sand....it's been real for a while, bubbles have bursted dramatically on 10/28/97, and 10/9/98....don't see anybody staying out like they did post 73 or 87 ....

so how foolish are those that bought overvalued qcom in august at 183, or yhoo at 160, or aol at 84 presplit....maybe all garbage but they have rewarded the blind luck ditch diggers with more then the ltbh style....

not saying it is right, but it is real...can't continue justifying why the old methods have failed....oh well



To: John Hauser who wrote (148768)12/8/1999 8:20:00 PM
From: William B. Kohn  Read Replies (1) | Respond to of 176387
 
Don't brag until you can have WB's success over the same timespan that he has had his.

Face it, to most of us investing is an art, to him it is both art and science. He hold's a PhD., most of us hold lottery tickets.

BK