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Pastimes : James Cramer Skeptic Thread -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (518)	7/16/1998 4:12:00 AM
From: taxikid	Read Replies (1) \| Respond to of 1254

SI got rid of it due to lack of postings.hehehe no really, there was a stock called esol, i like many others bought on a dead cat bounce, for a weekend hold i got 2 1/4 points on a $5 stock. the stock rolled around and i expressed my concern as it was a technical oversold condition, and then it would reverse to become overbought. the stock a month before was $28.. greenbverg i believe( i am not sure, it was a while ago) slammed them stock fell from 12- $5... a few knowledgeable bulls were pounding the table, and all sorts of cheerleading and ridicule came directed at me for telling them i just wanted to trade the stock, i don't care what they do. they wanted my analysis. it took time.. the more time, the more it looked worse and worse, and worse. stock is now thinly traded in the 3s. I told them, they didn't believe. they had strong arguments, and when passionate people believe in something absolutely and unequivocably, they often lose sight of "right" so the hate thread began. It was back in the days where we could post "foul" words on little known si... the man i argued with, never wqs the same, he pouyred countless dollars in the stock with the belief that a taxi guy couldn't possibly read a balance sheet, or know what was going on in the market. his loss.my gain, i am still here. taxi