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To: tommycanuck who wrote (93837)	8/16/2001 8:47:26 AM
From: isopatch	Respond to of 95453

Thanks TommyC. IMHO, posting REAL TIME IS very important. No history rewrites, no misunderstandings. It's all honest and out front. Right or wrong any reader can always verify what I've said and done. The only stocks I exempt are the very low volume critters. If I express my enthusiasm for one of those buys it could be argued that it was a pump and dump. So I don't talk about very thin stocks. All I can do, as a professional, is set an example and hope that others will have the courage to follow it. Heck, EVERYBODY gets caught on the wrong side of a trade once in awhile has to take a loss. It's part of the process. And should be accepted without a lot of emotional baggage. In fact it's self sabotage for people to beat up on themselves they make a bad buy and have to take a modest loss. Just get over it and move on to redeploying the capital in a profitable alternative. AND most important of all: IF you're wrong and it's public via real time posts? You are under pressure to do the right thing - CUT THAT LOSS QUICKLY before it damages your net return for the year. IF, on the other hand you're secretive and conceal your errors, there less incentive to fess up and PRESERVE CAPITAL by taking that loss quickly. Be practical folks, common sense is as much or more important than a high I.Q. to being successful as an investor. Cheers, Isopatch