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To: Patrick Slevin who wrote (39030)4/10/1998 7:34:00 PM
From: Broken_Clock  Read Replies (3) | Respond to of 58727
 
Patrick...you are so right. I know a fella that put 90K on DOW puts last fall and lost it all. No doubt the day of the big drop he was unable to get filled in time...lots of folks had unexplained access problems then. Of course, maybe he thought the dive would continue and didn't pick up some quick profits or salvage some of his losses.In any case, the trade was based on some domsday newsletter advice.



To: Patrick Slevin who wrote (39030)4/10/1998 10:54:00 PM
From: jjs_ynot  Read Replies (2) | Respond to of 58727
 
I have had the unpleasant experience of having folks trade based on comments that I have made. It is most disconcerting for two reasons:

1) I was making points to have a full and open discussion of a topic.
I am not a stock broker and feel people should search every nook and
cranny when making an investment - not just take someone else's word for it.

2) The trades that were made were not in the same context that I made them. I was taking a short term opportunistic position and the others were taking longer term positions and it was inappropriate for their circumstances IMO.

Thus, I am leary to get too specific in trading activity. I'm willing to commit my money but don't and can't take responsibility for someone else's funds.