SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Yamakita who wrote (3267)10/1/1998 10:11:00 PM
From: Gary M. Reed  Read Replies (2) | Respond to of 4634
 
Yamakita,

So basically what you're saying (please correct me if I'm wrong) is that it matters not if positions go against you. Ever heard of a stop-loss? Or a margin call???

All I know is that if I cashed out of my DTLN position today, I would be up. That is more than you and Bill Wexler can say. If DTLN gets the magic buyout offer, will you still be so nonchalant about being on the wrong side of a trade? Or do you have your Bill Wexler-brand blinders on and think that such a thing could never happen to you? As I've been saying, only time will tell who is wrong and who is right. The difference is, regardless of the outcome, I can interpret an income statement. If Wexler is right, it only proves the theory that "even a broken clock is correct twice a day."

Can't wait til Monday!!!

Gary