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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (51877)	5/31/2001 11:48:34 PM
From: maverick61	Read Replies (1) \| Respond to of 57584

Geez 5 weeks away and you still didn't learn anything. First - read what is written. Sure anyone can trade any stock, including dogs like LU and PALM for a one day profit if they catch the trend right - but where in my post: Message 15877075 did I even talk about going long or short Palm or LU ??? NOWHERE !!!My post simply addressed YOUR misfounded belief that LU and Palm do not have cash flow problems and are not bankruptcy risks. It did not say don't buy them or don't short them. Trading them for daytrades is far different than stating a thesis on their longer term financial health. So read next time - and PAY ATTENTION !!! Next you say "you're always trying to appear an expert, diss me and disagree with anything I say. Like when you drove me off the board for being bullish 5 weeks ago telling me I should take Econ 101. " First it was Accounting 101 - and it was a suggestion for your own good - not to diss you. Remember - you are the one who said you have no idea what a quick or current ratio is - nor do you rely on fundamentals or technicals in picking a stock. Second, I am far from an expert - never have portrayed myself as one here and never will - and I have noted on this thread when I made bad calls - luckily since this is my living though, my good calls outnumber my bad through good research, wise analysis and good risk management (so even when I make a bad call - I cut my losses quick and move on). Third, I never drove you off any board for being bullish - in case you haven't noticed, I have been bullish since early April when I posted my Sermon saying a bottom was in and it was time to get real long. And far be it from me to have the power to drive anywhere from any board - all I did was simply respond to many asine posts of yours and point out the facts that you wanted to ignore or twist to support your flawed conclusions. If you didn't like it - too bad. I see you made lots of friends on all the other boards once you left -shoot you are probably the most ignored person on SI by now. Keep it up and more than half the members will have you on ignore judging by how quickly the folks at those other threads were putting you on ignore after belittling you. Then you say "Well turns out I was right and you were wrong (until three sessions ago at least) but no apology or congrats from you. And I just made a quick $1,000 scalp on PALM in 24 hours and 50% last month so who cares what you think anyway" HUH ???? I have been long since early April - and have taken lots of profits off the board when things got toppy. And I have made plenty on day and swing trades - but I don't need to have my ego stroked like you and go around boasting about it on these boards. As far as you making a few bucks - hey if you did, congrats - but we know your history about the truth here - so for you to expect anyone to believe your ridiculous 50% claim is a bit much. Especially when you have been playing these stocks for the last several months in some combination: siliconinvestor.com Thats some performance from you mid March bottom call on these stocks. But I do hope you made money and lots of it - as one reason I and I believe others is to help everyone make money. If my responses to you helped you or others see things differently, or consider something you hadn't thought of, and make a few bucks, then I have done well I think. It is only when one challenges oneself and others assertions that you can truly improve as a trader. Next you go into a bunch of political BS that I could care less about - so get over it - you must still be sore that Gore lost. Give the political BS a break. Finally - as far as the rest of you post - it does seem you may have learned something - you at least admit LU has cashflow problems now and needs to do something soon to remedy them. As far as the rest of the stuff - I am not going to comment. If you can trade LU and Palm and make a few bucks - go for it. they are not my cup of tea as there are better vehicles IMO to make money with - but it is best to trade what you know and do it well. I never said otherwise. BUT just because you trade LU and PALM - DON'T OVERSTATE or HYPE their financial condition. Because then I will be responding to you once again challenging any faulty assertion. Like I have told you before - if you want to make a call - do it for the right reasons, whether they are technical or fundamental, or news driven - it will only help you make more money in the end - but don't make a call and then throw out a bunch of hype and other BS to try and talk yourself and others into supporting that position. Thats the fastest way to lose money - but then you already know that. Good luck with your trading - and hopefully you have learned a few things now - Cheers!!! PS - Palm's burn rate is the $350M I stated - read any major brokerage analyst report and see for yourself