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To: Clappy who wrote (85982)3/27/2001 7:24:41 AM
From: marginmike  Respond to of 436258
 
It was a JOKE followed by a -g-

I was joking about dead cat bounces, and who would bounce higher Volts or a cat. Its humor man, if you want to stick your neck out and call bottom's every three days then you will be the butt of jokes just as LUC was when the market went up 100pts per day. I have a very good mutual respect for Voltaire. I have for 2 years told him, you and others that I strongly disagree with some of his views. The only PUNK her is You, have a nice day. And thanks for holding that bag for everyone, somebody had to burn in the theater. better you then someone else.



To: Clappy who wrote (85982)3/27/2001 7:28:19 AM
From: marginmike  Respond to of 436258
 
For the record:
"Although Voltaire may never stop calling bottoms or have incredibly high expectations of his stocks, he has never hurt anyone. I never saw a mean spirited post from the dude"

He has hurt a lot of people who lost their savings and retirement. Its not really his fault because people should be responcible for their own actions. He has posted some pretty visious stuff to me. Why do you think he post's on the porch and not on Qcom buying thread? Irrespective we like each other, despite kooks like you who take jokes seriously.



To: Clappy who wrote (85982)3/27/2001 7:58:25 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
clap,

First of all, I think the joke was in poor taste only in so far as the "see if he survives" part goes. If it were just about dead XXX bounces, then joking about dead cats bouncing, analysts bouncing, Tom bouncing, and the like, has a long history in terms of market humour.

As for your other comments... The only people whose strategy is worth looking at and learning from, are people who adapt as the market demands. Tom does not do that and as such, his so-called strategy is worthless -- it's just dogma. Bear markets make fools out of geniuses. (When the bear ends, other geniuses may be made the fool again. -g)

Although I no longer read the porch, I think it's still safe to say that when the market bounces the porch gets very excited and emotional and when it falls the posting just dries up. There is very little learning and planning that goes on there -- everyone just waits for the market to turn and many, including Tom, expect this nasty episode to end soon and a new bull run to begin. It's denial and is well documented from past bear market experiences.

Tom is not the enemy. CFZ is not the enemy. Denial is the enemy of the porch right now. They risk compounding their errors of the last 6 months if they do not fight this foe.

All mo of course. Cheers.



To: Clappy who wrote (85982)3/27/2001 11:05:42 AM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
I know for a fact two people on SI who bought stocks based on Voltaire's recommendations, specifically to load the boat with Qualcomm in early 2000 when it started to slide. You don't know them because they lurk the Porch. One of them could afford it, one couldn't. Yes, as volitional individuals they made their own choices. They had no business relying on Voltaire instead of doing their own due diligence, as countless others no doubt have learned to their detriment.

marginmike has been right all along about Qualcomm, and he tried to warn people. I personally witnessed how he was treated by Voltaire and others back then, including you. It's painful to watch, just as it's been painful to watch naive people who could ill afford it lose their nest egg in this ridiculous joke of a market.

Maybe the lead lemming doesn't owe any duty to the ones that follow him, but we aren't lemmings. I think it's irresponsible to pretend to have knowledge that you don't have and give advice when you don't know what you're talking about.

There is a huge difference between saying "I like Rambus and bought some Rambus stock" and saying "you should buy Rambus, too."