To: Cynic 2005 who wrote (7523 ) 9/1/1998 1:52:00 PM From: wooden ships Read Replies (1) | Respond to of 42834
MMV: I have read your post with all its links and would certainly recommend that others here study your points, as well, drawn from this thread and others, including the one named for you, viz., Ask Mohan about the Market at: Subject 10565 As an aside, the latter topic was founded on 6 Dec 1996 by a presumed admirer of your market savvy and, thus far, has gar- nered well over 16,000 posts. It is often said that bulls and bears make a market. In this vein, it would be a portentous day on this thread if post after post here reflected a unanimity of opinion regarding matters at hand. The philosopher writes, "Truth is where you find it," and it could be advanced that, within the interplay of widely variant opinions and points of view, golden grains of truth may sometimes be dis- cerned. Hopefully, this thread will always tolerate those of differ- ing perspectives. In any case, most would surely agree that writers of good faith, i.e., those who honestly present their points of view within the context of a civil discourse and the boundaries of the "terms of use," are welcome here. You have clearly distinguished yourself here as a writer of good faith, and your posts have not only offered food for thought but also nourished legitimate debate on this board with those of us who might have disagreed with you. The following excerpts are culled from your posts, those which you offered as links in post #7523. 12/20/96 "I think Bob made great calls on market bottoms, but I don't think he ever did call the tops correctly." 5/20/98 "Bob's failure to see the bubble is the biggest folly in my books. I wonder if he ever mentioned the exponential growth of the money supply in this country....The funny thing is - Bob has ad- mitted that he may not be able to spot a bear. While the blind followers of his letter think he just being modest. That kind of faith in a single person leads to a disaster... Needless to say I am bearish on the market." 8/19/98 "So far every "buy" signal given by Bob has proven to be a real buy opportunity. There is no question in my mind that one of these days Bob will be caught completely off-guard and his "gift horse buy" will turn-out to be horse manure. I mean, people will not have any time to get out before it s a quick 30% drop from the peak. You should then see if Bob will be treated with the same venerability as he is now. I personally will take my hats off for Bob if he gives a sell-signal within 10% of the peak before the bear, if and when it arrives."