SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?


To: davidk555 who wrote (1614)10/15/2007 1:50:49 AM
From: queenleahRead Replies (1) | Respond to of 2121
 
David said: Queen, doesn't it disturb you that the bulletin was undated? How about that there was no price listed? How about how he kept recommending it month after month, and then ultimately stopped talking about it. Do any of these bother you? Just curious.

Well, I guess I didn't even think about it being undated when I received it. I have a habit of marking the date received on my mail if it's something I intend to keep. I sometimes neglect to do it, but mostly I've found it important when I look back later. I did mark the bulletin when I received it, and if I recall, it was Oct. 16. I may have to adjust the date, I'm going from memory. I bought some QQQ the next day, not any great amount, at $78.10 (NOT at $87) If I recall correctly, a couple of days later I put a stop on it at about 12% lower. I don't remember what that works out to now, but that's where it got stopped out, of course.

So no, it didn't disturb me then...and it doesn't disturb me now, seven years later. Was it intentional? I don't know, that didn't occur to me either. Was there some deceptive reason for it? I don't know, I have no reason to suspect that, but I'm not looking for ulterior motives. SHOULD I be disturbed about a missing date? My answer for myself is "no way, what a waste of time and energy that would be."

Yes, looking back, I can agree there should have been a buy price, or a range, and an exit price or range. Looking back with hindsight, it seems like incomplete advice, certainly ill-advised in the first place and lacking appropriate follow-up. But not so catastrophic as some like to believe. And not worth moaning about for seven years. Continued buy advice certainly compounds the problem. I think he was giving the best advice he had, and it was wrong. It happens.

As for your remaining questions, I can only say that after the QQQ trade went bad, I took my (uncatastrophic) lumps and looked for other things. IOW, I didn't follow it and forgot about it. I think I bought some much later, if I recall.

I don't think I was ever "disturbed" about it then, disappointed perhaps, not disturbed. Not then, not now. What I just don't "get" is obsessing for seven years of lamentation and accusation.

What does disturb me is the compulsion to destroy someone in whom we're disappointed. So many times a big part of anger at someone in whom we're disappointed is self-anger. If we would just look at that sometimes I think it might help to get through that anger and disappointment and get on with it.