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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Ted David who wrote (86876)3/28/2001 12:48:39 PM
From: Roads End  Read Replies (1) | Respond to of 436258
 
If proper portfolio management was CNBC's objective there would have been balance in the guest analysts and spin anchor positions that helped to inflate this bubble. It's too late now so why pretend.



To: Ted David who wrote (86876)3/28/2001 12:49:35 PM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
You read the Clown Free Zone?



To: Ted David who wrote (86876)3/28/2001 1:03:24 PM
From: LLCF  Respond to of 436258
 
<Buy and sell stops are key to proper portfolio management, as you know. >

Actually Ted, as a 20-some year vet of the market and ex-member of many exchanges [ie. I know how these things work] I can tell you that without a doubt these tools are used by traders [ie. investors have NO business using them] and even there misguidedly. They are stupid tools.

DAK



To: Ted David who wrote (86876)3/28/2001 1:10:16 PM
From: IceShark  Respond to of 436258
 
Oh, come on, Mr. David. Stops get run all the time, just for fun and profit. I think the better advise would be to sell out when one changes his mind on why to hold the stock in the first place.

BTW, welcome to the CFZ. We are a bit crude for your tastes, but manage to get by. I, for one, would like you to hang around so you can counter the negatives we post about CNBS. Doubt you have the time, though. sigh......

Regards.



To: Ted David who wrote (86876)3/28/2001 1:11:43 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<It's standard, prudent advice that we have advocated for as long as we have been on the air>>

Hi Ted, good to see you in the Clown-Free Zone.

Yes, I agree, advocating stop losses is very sound advice, particularly for highly speculative issues.

Is their any chance of having Bill Fleckenstein back on your show this week? Lots of my friends, coworkers and relatives were very impressed with how you handled that interview last Friday. Mr. Fleckenstein had some interesting observations on the end of quarter tape-painting that we seem to experience each quarter (and Friday is the end of this quarter, so it would certainly be a timely interview). Here's his recent thoughts on the issue (published yesterday on Grantsinvestor.com):

Message 15574208

Anyways, good to see you here. Feel free to drop in anytime, these bears' bark is worse than their bite (well, usually)<G>.

Regards

Patron