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To: Michael Davis who wrote (10324)12/12/1997 10:43:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 17305
 
I'm certain someone will take this in a manner not intended but some one with money at risk is more vulnerable to opinion than some one who is in a neutral position.

No one could argue that I have not had my run-in's with a dilettante over a BB stock I own....I own it, why this self-aggrandizing pompous ass keeps posting to me is a mystery but...

...let's get back to why KH and AV have a problem. KH, ....along with me by the way...thinks new investment in this market is risky.

AV....along with me by the way...thinks selective investment is a wise move.

Personally, I agree with both. Unfortunately, when someone has money at risk tempers will flare. It is, indeed, discouraging when 2 friends disagree over financial issues. I, for one, am hopeful that the problem resolves itself shortly.



To: Michael Davis who wrote (10324)12/13/1997 10:07:00 AM
From: Trader X  Read Replies (1) | Respond to of 17305
 
Some clarification is in order.

I did say something about BYDS once or twice.

But soon realized this was a passionate issue with Andrew, so I let it drop (literally). I had my say, and if anyone wanted to heed my advice, they had the chance.

I learned a long, long time ago that Andrew woudn't be swayed by anything I had to say about buying into a downtrend, or falling prices. But sometimes I think it's good that people read also about the dangers of doing what he does, even at the risk of him taking it personally.

I do not have a problem with "selective investment". I still point out good stocks to buy in this bear market, too. The problem I have is with the misguided and harmfull investment practice of "averaging down"--in a bear market.

This isn't just "a problem between AV and Kevin". This is Andrew once again threatening to withdraw his posts because my opinion is different from his.

It shouldn't be that way. This thread is not a dictatorship.
It's a democracy.

Kevin