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To: SliderOnTheBlack who wrote (95125)1/16/2002 5:10:48 PM
From: chowder  Read Replies (2) | Respond to of 95453
 
Slider, sweetheart! You keep forgetting to place my USPIX call next to your HUI call. USPIX was up 310% during the time I was suggesting people might want to buy some.

You see Slider, when you have a product worth selling, you don't have to "pound the table." A good salesman uses the art of "friendly persuasion."

How did you like my recent call on PVN? Nailed it perfectly! It went straight up after I made the call. Would I be stretching it if I said it was a "MAJOR CALL?" It went up over 90% in two weeks and it went down at the exact point I said it would. How's that for accuracy AND timing pal? ..... hehehehe!

Now pay close attention to the following. I'm gonna learn ya something! When Sheriff bum speaks, markets listen, not like that dumba$$ friend of yours Isopooch.

Read it carefully!!!!!!

Message 16876270

Did I say to short those stocks? I did say short them, didn't I?

EVERY DAMN ONE OF THEM IS A PROFIT, 1 WEEK LATER!!!!!

ACI - UP 12.8%
AEOS - UP 9.0%
BMC - UP 8.6%
CC - UP 7.7%
URBN - UP 7.2%
RSTN - UP 4.8%

Read em and REJOICE Slider, if you had the intelligence to listen to da Sheriff! Not bad for 1 week, eh?

Got winners?

Got any recent analysis?

Got anything going up?

Got brains?

In that case, you better listen to me Slider. I'll bail your a$$ out.

Tell your nincompoop friend Iso he owes me for HOFF. On my word alone, it hasn't gone below $6. I have personally held it up for him. I made that call a week and a half ago, right here. You can check it out. I drew a line in the sand at 6.01 and told HOFF, "I a breaka you leg if you cross this line!" It came to 6.05 and skeddaled like a scared chick.

When dabum speaks, markets listen!

And so it is.

Sheriff bum



To: SliderOnTheBlack who wrote (95125)1/16/2002 5:26:31 PM
From: cnyndwllr  Read Replies (3) | Respond to of 95453
 
Slider, Re: "I've got to finalize an outside business sale and them I'm off for an extended vacation - just a little Sun, Fun, Golf & Baseball 'bunger... I'll send you a post card from Yankeetown in March."

Reading between the lines, I'm genuinely sorry that trading for a living didn't work out for you. Although you pissed me off many a time with your attacks on those that disagreed with your theory of the day, there was a lot of good reasoning in many of your posts and many of them were written with genuine humor and creativity. I think you could be a fine writer of fiction.

I believe that when Isopatch joined up and encouraged you in the "pissing contest" pursuit of acclaim and "rightness" on these threads, the result was a loss of objectivity and the taking of inflexible positions that were held too long and took too much of a percentage of the portfolio. I think it's difficult to articulate a strong position, defend it against all comers and then objectively invest in the market.

The market requires humility. It is an amazingly complex mix of sentiment, numbers and world political factors that drive the market and there is no formula that we can use to predict any of those factors, much less the mix of them all. When we find the "right" thing for the market to do, we are really just talking about the "right" thing based on the factors we're aware of. Of course the risk is not only that we're wrong in our facts or that those facts change quickly, but also that we're right and the other pivotal investors are wrong since the market follows the majority of voting dollars, even when those dollars are wrong.

Those are among the reasons why it is so dangerous to become arrogant in an approach to the market. While Isostupid is a liar and a fool, he is not truly arrogant. He knows his limitations and looks everywhere for someone with some sense to follow. He followed you into gold and made money for a while but he is out of sync now and is losing his ass. I believe that you, on the other hand, analyzed the hell out of the economy, read a lot of bear threads, were convinced by the reasoning and closed your eyes and jumped into the water.

No matter how right your reasoning may have been on buying gold and shorting techs, the fact is that over the last few months that was about the worst thing an investor could do.

I sometimes suffer from the same ailment. I now try to think of it as dealing with a crazy uncle when you were a kid. Sometimes you just had to nod your head and play the game, sometimes you could predict. With the market I try to see where it should go, see where it's going and bet on where it should go when I can. I try not to get in the way of where it's going when I think it's wrong. This is especially true when your bets are macro economic bets that depend on shortfalls in the macro economy and you have some very bright, powerful and determined economists, and the hugely powerful institutions they control, fighting against what you see as inevitable rents in the fabric.

When you get your bearings again, consider whether investing will make you happy and will make profits for you. If not, find some way to use that good mind of yours in a way that will do some good for you and for others. In the meantime, be a little careful in picking your friends. The mean and nasty ones like Isopatch will drag you down to their level if they can. g.

Good luck and come back if you decide to get back in the game or just want to stir the pot with a post or two. When you played within the bounds of decency, you played very well. Ed