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To: Jorj X Mckie who wrote (26)5/24/2001 9:59:09 PM
From: Constant Reader  Read Replies (2) | Respond to of 424
 
The cause may be hopeless, Jorj, but I wish SI would clean up the stables. It stinks around here and a thorough cleansing is long overdue. When the professional touts came out of the closet, SI began its long decline. They trashed people, destroyed entire boards, and turned on each other in their quest for more, more,more. They still do.

In the beginning, people thought it didn't really matter because they were over "there" on their own threads, not on the "serious" threads. Unfortunately, their influence was not confined to a few threads as victims of their abuse sought refuge elsewhere, and followers imitated the tactics on unrelated threads. It didn't take long for it to be almost impossible to have a coherent discussion about any stock and thus the cry went up for "moderated boards," one more step down the road of intolerance and censorship.



To: Jorj X Mckie who wrote (26)5/24/2001 10:38:55 PM
From: EL KABONG!!!  Read Replies (2) | Respond to of 424
 
jorj,

$40K??? Bejesus... I don't think I've paid that much in fees & commissions in my entire life. In fact, I know I haven't. And I'll go one step further and state that, including federal & state taxes, I haven't paid anywhere near $40K. Something to be said for long term, buy-and-hold investing (which I do) (or trading in a tax deferred account) I guess...

I've got no gripe with the folks that think of themselves as gurus. I don't subscribe. I'd never subscribe. I don't trade short term. If anyone out there wants to pay someone else to make the calls, that's okay by me. There should be some sort of law that prevents these sheep from whining after the fact though. That's one of my pet peeves. Some idiot won't (or doesn't know how to) do the work himself or herself, and then whines about losses or being scammed or whatever. People not taking responsibility for their own bad judgments really irks me.

As far as these gurus coming to chat boards to set up shop, hey! It comes with the territory. If they're touting stocks on NASDAQ or NYSE and if they're "backing the talk" with technical analysis, I tend to leave them alone. But if they're touting penny stocks (OTCBB or Pinks) or if they're providing misleading fundamental analysis, then I'd be all over 'em like white on salt. I guess everyone has a differing point of view on this stuff, different levels of tolerance. The bottom line is still determined by the actions of the SEC (or lack of action, as it sometimes seems).

KJC



To: Jorj X Mckie who wrote (26)5/25/2001 1:57:41 PM
From: John Pitera  Respond to of 424
 
good devil's advocacy -g-