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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: baggo who wrote (76661)	2/27/2000 7:01:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

bag, for some reason, i don't believe this... >>I used to be an avid reader of this thread. I now occasionally stop by to observe what the so-called smart, experienced investors are doing.<< -g- in any case, thanks for the congrats on the bios. they have performed nicely with the exception of gztr - the only bio i still own after selling out lgndw after a 300% gain and gztc for a 350% gain. nice, but i wated a loooong time in the dumps before the knuckleheads decided to momo-ify the bios. all i can say is, thanks, but don't forget gztr! :-) this thread tends to be old school. we actually do analysis and reach conclusions. the main issue with the market is valuation. many good companies are just too expensive for the taste of some on this thread. we have fun and call such stocks pos2, pos3 and the like (pos1 really isn't a decent company! ;-) some insecure folks act like we've disrespected their girlfriend (maybe we have! ;-) but, it is all in fun. as for being wrong on the market - it has been many years since i've felt the market couldn't or wouldn't go up. dow 15k wouldn't surprise me too much - under certain circumstances. investing isn't about possibilities, it is about probabilities. dow 15k or naz 10k aren't impossible. jsut improbable. if a person told me the lottery was the way to riches, bought a ticket and won $100k, i would not take that as his being "right." this market is a lottery ticket provided by al.com (and many bulls are mad at him! ;-) problem is, most bulls behave very recklessly and that behavior will make them poor eventually - just like the lottery ticket holder after continuing to play the lottery. so, you see, i'm not concerned about the gains of others. history shows the vast majority won't keep them - they NEVER have. NEVER. i'm doing quite fine for having so wrong. i'd hate to see my ira if i were right for a change ;-) good luck.