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To: Larry Voyles who wrote (3967)4/7/1998 5:16:00 PM
From: Mr.Manners  Respond to of 12754
 
You ought to post on SI more often, in particular the TSO thread.
Let me know what your picks are. I will short the hell out of them.



To: Larry Voyles who wrote (3967)4/9/1998 3:03:00 PM
From: Druss  Read Replies (6) | Respond to of 12754
 
Larry--'The Zen of Shorting' may have a passage that applies to you.
The great master short Chu Mei Ash was observed to be talking for sometime with another investor. The student waited until the investor left and then approached the Master with this question.
"Master, may I ask why you spend so much time speaking with that man? He never goes short and his record of investing is most terrible."
"I fear little mold spot, that you are thinking too much like the white barbarians now visiting our shores. They have the most wonderous needle that always points in one direction. They, in their ignorance, always say it points north. Of what value is that? There is nothing north of Japan except storms, icy seas, and barbarian warriors. We Japanese understand that the needle actually points south, where the lands are rich with spices, gold, and other wealth.
You see while that trader is most atrocious he is invaluable to point the way south. The way to great profits and riches."
"I see Master, but why is he so bad at investing? And how can you be sure he will continue so."
"You are of course aware of the calendar the Chinese use, with the years of the various animals; the dog, the monkey, the tiger and so forth. It has been my observation that there is one other birth sign the Chinese are unaware of. In any year there may be born a person whose Karma is such that he has a great curse upon him. This person is born under the sign of the dung beetle. When he invests stupidly or with ignorance as he does most often, the market will punish him severely. When he shows shrewdness, cunning, or wisdom his luck will be bad and the market will again punish him."
"When your Karma has delivered such a prize to you, you must treat it with great care and caution. Listen carefully and do not attempt to give him knowledge or information as he is best when left pure. I simply tell him I seek his wisdom and that I feel he is a wise investor in a bad luck. Surely the market will turn in his favor soon. And they will always return to the market to lose more money. For the dung beetle is truly their life's sign and such is their Karma and who can avoid their fate.

Larry--I thought this was an interesting passage. Personally though I think you are just having a run of bad luck. You have been investing shrewdly, just the cards against you. You will turn it around. What are you getting into next?



To: Larry Voyles who wrote (3967)4/9/1998 5:25:00 PM
From: Blue On Black  Read Replies (1) | Respond to of 12754
 
Larry,
Uh, you didn't happen to short yhoo yesterday did you?
I have been holding a scon short for a while - it won't go up enough to stop me out or down enough to cover - would you mind buying a few shares? 10-15 should be enough (I just want it to dip not crater).
Your stock-picking sounds like my hawg bass phenomena. I can shut a lake down for days just by driving by it. I can't seem to get a hook in one over 3 1/2 lbs.
I, once, teased a bedding bass (8 lbs) for 30 minutes - trying to get it mad enough to bite. My brother-in-law stepped to the front of the boat to see what I was doing and exclaimed, "^%*$ would you look at the size of that hawg!!"? And cast a worm into the bed. It nailed it after refusing all my attempts. I refused to get the fish when he brought it to the boat. However, I did hold his rod while he got on his knees and leaned over the edge of the boat to 'lip' the fish.

It was not 'THAT' hard of a kick and the water wasn't all that deep either. Too bad. He still had the fish when he got back in the boat.

lee(the hick)