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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Michael who wrote (2673)9/12/1998 2:10:00 PM
From: AHM  Respond to of 4634
 
Never said I was a brilliant trader - only that I have traded Tava up and down successfully. I've had many, many failures, too. Thankfully the gains outweigh the losses.

But thanks for the compliment!

Start my own thread? Perish the thought!

On a serious note, it concerns me that Wexler's thread is now one of SI's hot threads. Not because of any feelings I have about Wexler - often he is right. But due to its popularity it may be having an inappropriate influence on the investing community and his projections may become self fulfilling prophecies which damage the interests of other investors who hold long positions in companies on his "doom list" in those instances when his conclusions about a given company are dead wrong. Frankly, I would not want to have this much responsibility and potential liability. In any securities analyst report I have seen, there is a statement disclosing if the analyst holds a position in the subject company (when such is the case). On this thread I am not aware that such disclosure exists - and the question occurs to me as to if Wexler may be exerting an influence on the market solely for his personal gain more than as a public service. Do not misinterpret me - I am not making an accusation. Just a concern regarding propriety or the appearance of it.

Sure is a nice day!