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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (6423)12/15/2018 12:55:16 PM
From: Kirk ©2 Recommendations

Recommended By
berniel
marcher

  Read Replies (2) | Respond to of 27178
 
Not everyone can be a winner. Why not be more credible?
Dospesos, I did very well with GE off my entry to the sale. I also did well with the calls I played a handful of times to the up while understanding when to write the deeps.
I'm sorry but it is hard to take this as any more credible than the permabulls and permabears who keep telling us they are making great market timing calls while most know it is so hard to do even hedge funds can't seem to keep funds long enough before they under perform and large investors like CALPERS take their money back.

I recall you bashing anyone bearish on GE from the 20s... maybe I'm wrong but that is how I see it.

Why not admit like the rest of us who've said we own GE and that we are now down despite many years of great trading?

I think my Explore Portfolio would probably be up and certainly beating the markets this year if I had listened to Cramer who got out around $15 rather than agree with people like you and many others who thought $15 was great support.

I don't blame anyone... certainly not you since you don't even use your real name which means you could be a tout trying to get the foolish to do something you can trade on short term. Hell, the former CEO put millions into it at a higher price and the new CEO bought $2.5M at $13 and change.

But lets try to own up to mistakes here to retain credibility.

Thanks.



To: Fintas who wrote (6423)12/15/2018 2:13:13 PM
From: dospesos  Respond to of 27178
 
Thank you, Sir Fintas, for your kind words.

I don’t worry about GE going BK.

First, they have noble history and are all proud of it. They would rather kill their grandmothers than go broke!

Second, they have the bonds that will tip off the universe as to odds of their corporate success.

Third, the Dow folk will be kind to them.