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To: ahhaha who wrote (21723)5/3/2000 11:46:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 29970
 
<<Each successful test gives you more confidence.>>

I am having trouble remembering the last time ATHM successfully tested any bottom. Maybe I'm just not old enough........

Ron Dior



To: ahhaha who wrote (21723)5/4/2000 2:25:00 AM
From: KW Wingman  Respond to of 29970
 
Gee thanks!

<No. What I did was offer the two a chance to come out today and show some courage by asserting that today the stock bottomed. They>

They? I can't speak for the other guy don't know who you are talking about. I figure "nut" is me in your opinion <g>

< felt bold enough to make such claims at a time when it was a very poor strategy to buy. You don't try to pick bottoms.>

Did I claim to have predicted the bottom? Read my lips, NO!

<<You have to wait for the move to put in a bottom, test the bottom, and retest. Each successful test gives you more confidence. You still aren't justified in buying. The stock, the market, all have to base whatever that may mean, and then break out of the base. That's the only time you are justified in buying ceteris paribus or better.>>

BS, that is your just "no guts", very, very, humble opinion. I don't have to wait for Jack to squat. I have confidence that I am correct in the long run. These days the market can turn around in an instant and you lose 10 points in a flash. I want in early. I got in QCOM and CMGI several years ago at a dirt cheap price now that is nice, your way is crap, no risk, no reward, IMO. If you want to wait for the momo herd to confirm your method of investing, go ahead.

<Also, it is an exceedingly poor idea to state what you are doing in the market.>

You have stated that idea before I suspect you want to support your various hidden positions. I do not agree with your deception.

<Making predictions isn't too bad, but divulging your actions compromises your psychology.>>

?? who is worried about it? not me. However, a snake may not want it's deception uncovered.

It is 'Nut's psychology that is effected by my comments. He hung himself out there because he wanted to show everyone how skilled he was at predicting the market.>

<LOL, BG> Cement head! Do I need a hammer? READ MY PRIOR POSTS and this post. I did not attempt to predict anything. I felt that the stock was a very good value at those levels.

< I did was offer the two a chance to come out today and show some courage by asserting that today the stock bottomed. They felt bold enough to make such claims at a time when it was a very poor strategy to buy.>

Oh wonderful, all knowing and colorful, master guru, how does your mind work? You said to buy at 23 bucks. I was only following you, my true guru when I bought at less than $20. Now you claim that it was my idea and I was wrong. Do you suffer from senility



To: ahhaha who wrote (21723)5/4/2000 7:18:00 PM
From: MIKE REDDERT  Read Replies (1) | Respond to of 29970
 
. The stock, the market, all have to base... and then break out of the base.

This is , of course, the safest way to play it... and that type of basing action can take months and even years. Because of this, many investors will be duped into buying high and watching their holdings slip back to a volatile base.

I would suggest that an alternative strategy would be to buy significant "spikes" down from this level... the reason being that a share price below this level has no basis in the reality of what this company's assets would fetch on the open market. The risk you take, is that management doesn't further dilute shareholder value or increase debt significantly, because of their new model.

Mike



To: ahhaha who wrote (21723)5/6/2000 10:26:00 PM
From: David Nelson  Read Replies (2) | Respond to of 29970
 
You don't try to pick bottoms. You have to wait for the move to put in a bottom, test the bottom, and retest. Each successful test gives you more confidence. You still aren't justified in buying.

Well, Oh Wise One, spewing drivel again, I see. What a bunch of hooey!

Sounds like you are reading from a money manager's pamphlet on how to convince your clients that their money is safe with you... Or, maybe how clients can avoid making money after paying you your "hard earned" commission.

"Listen, Mr. Client, it easy. All you have to do to make money in stocks is wait until they go up and then buy them."

Let me get this straight. It's a "sell" at $18, and a "buy" at what, $50... $60...? What, when you're sure that your client will be able to grab the last 10% of the run.

I guess you're one of the sheep waiting to buy from me when the stock is overpriced.

Buy low, sell high!

It's time to back-up the truck!

-Dave