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To: Cynic 2005 who wrote (76830)3/7/2001 5:11:48 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
He still believes -- not surprising, is it?



To: Cynic 2005 who wrote (76830)3/7/2001 6:32:28 PM
From: John Graybill  Read Replies (2) | Respond to of 436258
 
Spot the barber's "investment" fallacies:

- having a "magic", inflexible selling price (or, stocks go up forever): "...I wanted to hit $1million."

- stocks always show a gain, eventually: "I believe that when the dust settles technology stocks will come back", "I still feel that we're just seeing the beginning for technology stocks", "I think we'll get a second chance", "We'll make a comeback...I'm sure." (two or three more examples)

- the stock market is the best place for your money: "I still think long-term the market is where you want to be."

- stocks always rise after a split: "I wanted just one more split in EMC shares."

- a stock cut in half is closer to its true value: "it's a good buying opportunity"

All Clowns Must Be Destroyed!



To: Cynic 2005 who wrote (76830)3/7/2001 7:27:12 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
i agree this is a small red flag. what's truly amazing though is the stubborn optimism...since how many points do people believe it's 'too late to sell'? and their greed wakes up on every little bounce...