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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (5555)	12/18/1999 4:52:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 10293

Sounds like you are jealous that Bill has an audience for his trades and you don't. If you don't like Bill's style, why not just move on? Are you here to save everyone with your superior wisdom? There are thousands of traders on SI whose style doesn't match mine. I don't spend time reading their posts and commenting at length. I ignore them and do my own thing. Some make more money than me, and others don't. Some kids just can't stand it if everyone in the sandbox isn't playing the game they want to play. That's true of longs and shorts. Look up MYOB sometime.

To: Mike M who wrote (5555)	12/18/1999 9:56:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 10293

>>>> IF you made your bones buying and holding quality stocks then I don't understand why it is so difficult to stick to a recommended position? <<<< I believe you missed the point here. BW does not need to argue/tout/advertise his position. He only states his opinion publicly and hence can back up his claims months later... >>>> If you then want to encourage a trading position for the fun(volatility) of it, fine. Although, when SAM and the state get 43 cents of every dollar of profit, short term gains lose much of their appeal. <<<< Wrong again. BW looks to me that he hedges when necessary (because a stock got a bit ahead of itself) but sticks with his positions over longer term from what he writes (simply look at all his posts regarding COST since Oct 1998). Hence, he keeps his commission expenses low while enjoying compounded gains. A wise approach, given that daytraders burn a good part of their profits on commish. A last word: GUMM will inevitably trade much lower, and I don't care much about a timeframe (one month to five years from now). This is my last post on this thread. Fare thee well.