To: Due Diligence who wrote (776 ) 4/28/1998 9:18:00 PM From: Binder Read Replies (1) | Respond to of 9440
LOL Jimbo....I had just sent this to Gary right before you posted! I sent mine in private, but since you "came out" I will too...LOL To: Ga Bard From: Binder Tuesday, Apr 28 1998 9:01PM ET Gary, Im not trying to tell you what to do or anything, but Could I offer a suggestion? You are one of the best sleeper fingers on the net. You look at logs, charts, news, profiles, filings, EVERYTHING there is. You also talk to the brokers and real world contacts you have made over the past year. Since we are friends, I think I should be able to tell you how it is, (or at least how I see it) I think you are being unfair. You will never be able to keep daytraders off of your email. That is the nature of the internet beast. Without visual verification, you will NEVER be 100% sure. Its a fruitless effort! Ive said before, you can either moan and groan about them, and try to head them off, to no avail, or you can capitalize on them. It is already established and proven that the BTS system will withstand most market conditions. (You KNOW this!!) Now, don't you think that by excluding anyone who has ever posted on a daytraders thread, you are cutting off your nose to spite your face? Are you not shutting out the buying element that allows BTS to work? Also, posts on a daytraders thread does not a daytrader make. Some of the people could truly be newcomers to the OTC arena, and looking for some good stocks. Id hate to think that a future Long Term buyer of one of the picks gets cut off at the pass because of what he did when he first started investing. Remember when you first started doing this? LOL "Double & Dump!" or "Stay in nothing longer than 30 days!" LOL Boy have you come a LONG way! Just think if your mentors has pushed you away because you were new and inexperienced....what a loss we would ALL have. Again, I am not trying to meddle in your business or anything...but I do think that MAYBE you could take a less harsh position on all of it. I can sure see where you'd feel like you were betrayed by a day trader, but look at it this way...they are here to stay, and are part of the game. You have a MUCH better thing going on by selling off on their spikes, and buying back in on their dips...the whole while retaining your long position. Whenever the choice is Ostracize vs. Utilize, the latter usually is the way to go. Okay. I'll shut up now. :-) Anna