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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: katarak who wrote (2160)9/25/2001 8:40:26 PM
From: Frank Pembleton  Read Replies (2) | Respond to of 36161
 
katarak, we actually moved to a moderated forum so we could do the -- admiration society angle -- thingie.

its your deal
nope, its our deal..

by the way, thanks for dropping by, you seem like a very nice person...

Regards
Frank P....



To: katarak who wrote (2160)9/25/2001 10:37:54 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
OT/Well, katarak. Can see you're killing me with kindness.<lol>

I'm going to make one more try at giving you a very patient and reasonable response.

First, successful investing isn't a question of who bought the sector first. If that were the issue, I'd just begin all my comments about gold by stating that I began working with gold investments in 1973 and continue with a very lengthy resume about my experiences. But that's not the point, my young friend.

The key to a successful performance is WHO bought AT THE RIGHT TIME! There have been two entry point for that. October/November 2000 and March/April of this year.

"Over a year ago" was too early. People who were heavy buyers then took a bath in gold last Sept into the Oct low. One fellow, who I'm not going to embarrass by mentioning his name, used to post very actively on the old SD thread suffered enormous losses going 100% balls to the wall long the gold stocks on those August September 2000 gold recommendations and got blow out near the bottom. To this day he's been 100% cash. The experience was traumatic and I hope he can overcome the experience and get back into investing soon.

Getting back to your comments and questions since you arrived recently, we're always open to good on topic contributions, pertinent cut and paste articles or original analysis and perspective. But if you see your role as that of a critic who IMO is simply posting ill informed challenges and now attacking me personally when I've tried to treat you with respect? I'll be honest with you. I'm not interested.

My posting time is limited and I simply don't have time to debate the obvious facts of investing and market history. You can get that from a few good books and taking the trouble to just look at gold stock price charts for August through October 2000..

Good luck with your investing in the future. For now, I'm going to defer to some of our other contributors to answer your questions.

Isopatch