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To: Bob Fairchild who wrote (504)10/12/1998 10:05:00 AM
From: Andy  Read Replies (2) | Respond to of 671
 
If you were buying last fall you bought at the high just as the small cap bear market was starting and small caps have been falling ever since. You did not follow BBS advice "buy low or not at all". And Laurel very specifically advised against "averaging down". She called the bear market early and kept saying it was getting worse. She talks often about following rules - discipline, diversifying, protecting capital; enemies are fear & greed. I forget the rest but you forgot them all.



To: Bob Fairchild who wrote (504)10/13/1998 2:16:00 AM
From: Gary H  Read Replies (1) | Respond to of 671
 
Bob, Over the last year or so I have been subjected to a number of
news letters( solicited & unsolicited) and in my mind they all come up the same. They are pushing a stock because they are being compensated for doing so. Grandich is a prize example but at least he lists his renumerations. I still wouldn't buy into anything he has to say. I still have this vision of a lizard(escher style)crawling out from behind a bible when I think of him.
I can't think of how many new letters I have seen and they all remind me of the old boiler operations. Everything changes so much it stays the same. BS is ever more popular. I'm leaning towards TA more and more
under the pretext that "Figure don't lie, but liers figure".
It is somewhat understandable that when the crunch comes everybody is scrambling to hold their own. Now maybe the worse time to listen to anybody but yourself.