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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (27995)1/3/2001 1:33:23 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
I prefer your language in public
I may be a lot of things, and perhaps an asshole as you say

congratulations on your profitable year

if I had to estimate the probability for mere mortals to emulate your success in the strategy you employ...
I would say 10-15%

you are a successful dancer on interstate highways, with trucks traveling downhill at 80 mph
you make it across more often than you are run over

I wish you could more adequately recognize the dangers and risks for implicitly advocating such shared attempts

your choice of stocks are the narcotics of the Naz
they have consistently declined 2-3 times as sharply as they have risen

I wish you continued success
you are very alone in that success
perhaps someday you and Voltaire will be the only residents on the Porch

I recall your words in June, how you wished to prevent unwarranted bullishness in certain stocks like QCOM
but you misjudged unwarranted bullishness in the Naz in general, and fiberoptics specifically

pardon my preaching
I accept responsibility for my own actions

I just wish you would be more vocal in helping others to become aware that they stand less than 1 in 5 chance of profiting from attempts like yours
your steady claims to profit make it more tempting to try similar incredibly dangerous moves

that was the spirit of our conversations last June
and I still consider you a friend
just not good judgment toward advocated risk for others

this Porch is a place for narcotic traders
/ jim