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To: gc who wrote (48143)6/18/1998 11:52:00 PM
From: Time Traveler  Read Replies (1) | Respond to of 176387
 
What I am saying is that:

Try not to be so cocky --- bragging the recent run-up of this stock, which I myself am heavily invested as well. Every time I or anyone around me bragging about the recent success of a stock publicly, it always reverses. For example, about two to three months ago, there was a guy by the pen-name of Kenith Lee from the AMD thread. He bragged about how AMD ran up from $15 to $30 in about two weeks. He even took a day of sick-leave to celebrate that memorial event. Guess what happened. He watched his favorite stock fell back down to $17 to $18.

I have come to believe (in a Quantum Mechanical sense, fuzzy) that the institutions like to play reverse psychology. That is why Fidelity's Contra Fund can do so well.

Now, bare with me for a few more moments. How many times has a stock perform exactly the opposite of what you think it should go in the past?

Time Traveler

Ps. This is not meant to be a serious discussion.