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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Jason W who wrote (38401)10/14/2000 1:11:57 PM
From: oaktownaj  Read Replies (1) | Respond to of 57584
 
Jason W,
I have been following SI for a few years - took me a year to become a member - and I didn't really start posting till about a few weeks ago. I think you make a few very good points: thread bloat has become a problem( of which I think I contribute to because I feel my knowledge of the markets is as a newbie - why would somebody want to hear what I think when you have full-time traders here who show great knowledge?). In addition, lately we have seen signs of a free-for-all ( I bought xyz at 32, you all should buy it, of course it's gone up 5 points already)...but Rande has always called for the fewest posts possible. He has not encouraged people to give market direction calls.

I also follow Gorillas and Kings...and have had my share of discouragement ( thread leaders giving up on QCOM, short-term trading, etc.). I don't think many traders have fared that well during this time. Things may be somewhat falling apart here because the market stinks. In my opinion, Rande makes the best general market calls and puts them out there for people to judge. I have gained so much ( not just money) from following his thoughts...I can't even explain how much this thread means to me ( of course, it does not even compare to my love for my family, my friends - please don't take this out of context...). It's very difficult to trust people these days and I can say that I trust Rande...

I first caught on with Tim Luke's thread and really enjoyed the way things were going there...but he got popular and people made money off of his trades ( he made plenty of great calls) - you recognized that when he made a call, you wait for things to get knocked down, you then bought and watched how his prediction would generally come true ( sometime it took a while...)

I think Sir REalist and Stan s have really good sites and generally they have been calling things pretty well, too.

The danger is that this really could be a game...the little people against the Big Boys. I have seen it too many times - thread leaders make a lot of good calls, the thread gets more popular and the leaders calls start to backfire...There is too much of this to ignore...

Anyway, I don't think anybody is going to convince a person to change their mind, here...but let's recognize that the tension lately relates to people losing money, to the markets being very difficult to gauge, to all of these things...

We all could use a little psychological help for being involved in this market - and I could just hear the professionals now: "why would you try to trade stocks, only a professional can deal with these markets..."

For what it's worth...
AJ
2.



To: Jason W who wrote (38401)10/14/2000 10:19:03 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Jason, I don't have time to read your entire post. . I have glanced through it and get the idea you are unhappy here. . . I am not interested in getting into a debate on whether I am worth listening to or not. There are plenty of other threads on SI. If you don't like what I am trying to do here, then by all means find another place to call home.

Attacking me because you are frustrated with the market is a very cheap shot.

As for my posting on SI, I post maybe 5 or 10 times a day. Hardly an addiction. Now if you wish to fault me for being dedicated to those who rely on my weather predictions. . . guilty as charged.

You are naive to think that there are traders NOT playing against this board. And you obviously have no idea how much money it takes to move a stock. Traders on SI move stocks every single day. But wait a minute. Weren't you one of the posters I had to ask you to leave because you were consorting with organized shorts who were playing against this board? Funny you should comment on that subject.

As for posting "winning trades" . . . I don't recall many winning LONG trades in the past 5 weeks. Perhaps someone can refresh my memory some. I have done far better on the short side than long the past month or so. But I don't recall posting many wins between Sept 13th and Oct 13th.

If you guys would rather I not post trades anymore just say so. . . it would be far easier for me to not have to worry about posting before I make a buy of something.

But this little uprising is from a handful of the same posters we have had problems with in the past. . . and so therefore not worth my time, nor the threads time.

By contrast, Joe Smith's concerns are well worth my time and the threads time. . .

Thanks,

Rande Is