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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?


To: DWB who wrote (1445)7/27/1998 8:56:00 AM
From: Wolf 2  Read Replies (1) | Respond to of 2346
 
Hi, Daniel:

I'd appreciate your views on JD's rec on CD. I jumped in (too soon quite obviously) when he first added it to his buy list at ~25. Was incommunicado at the cottage when bloodbath #2 occurred and am still holding. I may be reading too much into his recent hotline messages but it seems to me his enthusiasm is subsiding; i.e. he went from "a strong buy under 20" to "...still a buy" last Wednesday.

Thinking of averaging down...

TIA
Wolf



To: DWB who wrote (1445)7/27/1998 9:56:00 AM
From: Veritas  Read Replies (1) | Respond to of 2346
 
I took great delight in buying PMRX at 14.75, holding it for a year and a half, and selling it at 15 recently. My sale turned out to be this year's high point. That was doubly delightful.

Incidentally, although all my JD picks turned to garbage, I tracked about twenty of his recommendations for the last 2 years. Eighty percent of them show graphs pointing in the right direction. Anyway, I dumped his newsletter. He's brought me little except ERICY. Thanks for that.