Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rande Is who wrote (44439)	12/31/2000 8:05:20 PM
From: geo-bee	Respond to of 57584

Magnificent response! Rande, you take every opportunity to turn this thread back to a purposeful exchange of views and information. Thanks to you we all have a better chance at enjoying the new year. Happy New Year to Rande and everyone! geo-bee

To: Rande Is who wrote (44439)	12/31/2000 10:11:44 PM
From: kalakoa	Respond to of 57584

Rande...have a Happy, safe and prosperous New Year.I concur with everything geobee said.

To: Rande Is who wrote (44439)	1/1/2001 3:06:37 PM
From: Jason W	Read Replies (2) \| Respond to of 57584

Jason, I have always found it interesting the way that those who are the biggest critics will find plenty of time to do DD on their criticisms. Yet when asked to contribute to the thread, they back out. You aren't the first. Ok, you're right. Since I lurk and mainly point out the negatives, I'd agree to volunteer to track a few of your 2001 portfolios. As I remember, you had 4 main portfolios for 2000. If you do something along those lines, I'd keep tracks of their performance through the year. I'll keep up to date with all changes you submit, splits, dividends, etc...Seems only fair to pitch in... Really? What? You go from place to place "looking for acknowledgement of a poor year"??? And how, may I ask, does this help you? And what good does this do? To me it is a waste of time. No, Rande. It's similar to the way you'd like analysts to be held accountable for upgrading stocks near the highs, and downgrading at the bottom. You are in a similar position as many analysts: Many people follow you, and my attempt was to highlight that even YOU had a poor year, no one hear mentions it, for fear of "hearing" your wrath. As for criticism, no, I don't take it well. With the number of sacrifices I have consistently made on a daily basis for two years here, I am simply not interested in whining. The amount of time I put in posting my thoughts is not just for the thousands of wonderfully gracious patrons of our community. . . .but for the few ungratefuls as well. I don't log in the number of hours I spend answering email of a personal nature. . . from those wanting to know what to do next after losing their homes, families, spouses, etc. due to margin calls, daytrade gambling debts, or borrowing against their house to daytrade, etc., etc., etc., . . . . . or from those who have made so much money that they don't know what to do next or how to act. Or from those who are lonely. . . .worried. . . confused . . . ill. . .in need. . . You have no clue what it is that I REALLY do here! You spend alot of time here, so you can't be criticized? Time spent does not make you immune from criticism. And you do the same song and dance every time I come and point out some piece of information that I disagree with. You wax poetic about self sacrifice, endless hours helping poor souls, the empoverished, etc...(which by the way, you do very well, it just gets old fast!) Before you ever started coming around, I've been around for quite a while. If you read every post, you'd know that. But why bother, when it is easier to just stop in once every 2 months to take pot shots at me. . . like you have for about a year and a half now. I'd say I read >95% of all posts. Finally, I wish you'd see that my criticisms are not sharp tongued, just an attempt to bring out the truth when I see you, as the leader, possibly sugar-coating or hiding details in what has been a trying year for very many people. Jason, I wish you the highest level of prosperity and the maximum joy possible for 2001. Thank you, sincerely. Jason PS- When you post the new ports for 2001, I'll get to work setting them up, and update them whenever you say!

To: Rande Is who wrote (44439)	1/1/2001 11:44:34 PM
From: jazzallnight	Read Replies (1) \| Respond to of 57584

Randa, Insighters.com dont exist. Do u have the correct url for the site? I try www.insighters.com and nothing on Yahoo!

To: Rande Is who wrote (44439)	1/3/2001 7:53:01 PM
From: Steven Finkel	Read Replies (2) \| Respond to of 57584

Rande: Before you get all riled up at Jason, I think what he is getting at is that it is often hard to know the direction that you, or the thread is taking. What do I mean by this? OK... You come up with portfolios at the beginning of the year of your free accord, and state that they are long portfolios and are not to be traded throughout the year. You also have posted incredible results for portfolios from 1999 on the home page. Now anyone who attempts to blame you for stocks they bought and did not do well on is crazy. The only one responsible is the individual who bought x,y or z company. BUT... for the person who saw these lists at the beginning of the year, choose to buy some or all, and held throughout the year, the truth is, they have most likely lost their shirt. There are an astounding number of stocks in the portfolios that you picked that have lost 70, 80, 90 and even 98% of their value. I am sure that you will agree, the point of a portfolio is to diversify risk. You hope to have an overall gain, but to me, a portfolio that may or may not have done well because one or two out of 30 went way up is a failure. So I can see why some individuals, who see the portfolio performance from 1999 touted on the thread's home page, are upset at perceived attempts to downplay awful performance, or statements such as, we sold out of the portfolios in march. Second, I don't think many understand the hybrid form of trading, and get confused when you will have a stock listed in a long port, and then are talking the next day about how you sold out of that particular security. In fact, I must admit that I (who have been following the thread since the early BAMM, ONSL and SIEB days) am confused. I thought that the long ports were never traded, just the swing/momentum shares,etc. The upshot is, as you have often alluded to, this thread is about making US better traders as a community. We should be willing to DD, share information and ideas so that the thread and the individual investor can do better. I fear, however, that many are still confused about this, and despite your pleas to not be blind sheep, still buy when Rande says buy. No one can predict the future, thus everyone, no matter how good an investor can't always be right. You personally have been right MANY times. I remember the incredible victories on stocks such as KTEL SIEB ONSL CLEV RNWK LPTH and I could go ON and ON and ON. But you have also missed. I remember a prediction of 200 by this past april on ATHM. The point is, we have ALL MISSED, and often. I hope that we can return to the days of helping each other, and succeeding again. To do this, I think there needs to be perhaps a re-statement of your trading style so that when you state that you are selling stock x y or z, there aren't individuals wondering, didn't he just say he was buying this two weeks ago long term? FINALLY: A bit of a disclosure to the thread. Like many this year, I have lost money. I blame NO ONE but myself. In fact, I have learned a great deal this year, and fortunately it has not cost me a house or anything like that. I have posted the above with sincerity in the hopes to return to what I remember as the best source of help and advice on investing anywhere. I have learned an incredible amount on this thread over the years, and am PROUD to call Rande my friend. He has personally taken his time to respond to my emails, and has spent a great deal of his time running the thread. We all owe him a great deal of thanks. My contribution: I recognize that not many are too eager to buy tech right now, even though historically this is probably the best time. The only stock that I feel I know enough about right now to recommend is FBCE. (Disclosure: I do own shares long)I will be happy to post new DD on FBCE to the thread if people are interested. HAVE A GREAT NEW YEAR EVERYONE!