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To: BirdDog who wrote (7129)3/15/2001 10:06:04 PM
From: SecularBull  Respond to of 10934
 
Point well made.

~SB~



To: BirdDog who wrote (7129)3/15/2001 11:44:18 PM
From: kas1  Read Replies (2) | Respond to of 10934
 
Overall, your posts sound like a perfect recipe for failure as an investor. I don't know why you're catering to your emotions and still investing?

I have done well in the past, and venture to guess I will do well in the future. You are always welcome to do the opposite of what I'm doing, and I am fully aware that I may be a contrarian indicator to some.

What you call "catering to emotions" I call capital preservation. What you call "selling low, buying high" I call not holding a falling knife (if that makes me a momentum investor, so be it). Often fear is a very rational response. This is the same gut feeling that made me sell my BRCM in the $120s, instead of waiting for $35 now.

If NTAP is at $10 in a week, I will have dodged a bullet, and you will have not. If NTAP is at $40 in a week, I will admit to my folly and have a sense of humor about being ridiculed. I have no desire to be a hero in the market, nor to tilt at windmills. I will leave doubling down, holding strong, and singing patriotic songs to others.

I hope this lengthy reply has somewhat clarified my position. If not, then oh well.