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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (5027)7/31/2002 3:07:55 PM
From: Maurice Winn  Respond to of 12231
 
Gidday MM. I got a post from somebody asking to be banned from WWYLike discussion. I included market wisdom from long ago [which self-advice I neglected to take - foolishly] in my reply. In case it's of interest:

>>Sorry xxxx, you are not only not banned, but you must post each day. In future, sir has a capital letter but I'm going to come up with an OBE, VC, KFC or some honour system of my own. The new New Zealand one doesn't sound cool enough for somebody of my great stature. dpmc.govt.nz
The British Honours system is much more intricate but somewhat passe for my needs: churchill-society-london.org.uk

Sir, even with a capital letter isn't much good for me. In the old cyberspace days I was NGW-OMR {Naturally Goofi Winn, Official Mangere Resident}. But that was in an obscure time before my days of glory.

Speaking of which, on stock market timing: Message 160341

Original award of NGW title: Message 160620

Market wisdom and self-awarding of title: Message 173639

The introduction to that discussion is now describing today's stock market - Goofs abounding Subject 4317

It'll be time to buy when stocks are generally out of favour. The dot.coms have finished their declines [other than the last writhings of some] and are now stable and sujbect to the normal vicissitudes of business. The telecosmic stocks are pretty much out of favour, but still have more to go down as their debt is unwound and assets put on the block and some post-Y2K form takes shape. The biggies, GE and others which were over-inflated also have to restabilize and that looks like a longer process.>>

My portfolio [one stock now] already did blowed up! Globalstar was like a Daisy Cutter right in the middle.

Mqurice