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 : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (5448)11/6/1998 6:16:00 PM
From: dj8000  Respond to of 7247
 
Gee, tim, i thought you bought GERN, but you didn't. so bad for you also:)

DJ



To: Tim Luke who wrote (5448)11/6/1998 6:18:00 PM
From: Canuck Dave  Respond to of 7247
 
The thread. My two cents, for what it's worth.

There are two things to be feared, one is failure, the other is success.
You've established a good track record and people are seeking you out, because many of us don't have the time, patience or savvy to pick consistent winners (or get good rumours!!!)

Go home, pull out the Tao, and remember, in a 100 years, we'll all be dead and any fortunes we make will be pissed away by our heirs. The only things of us that will remain will be whatever spirit we managed to put back into the world.

I have lost money on my early trades, but it's money I can afford and I really enjoy following the stocks. If you're not having fun running the thread, then cut back or can it. Period.



To: Tim Luke who wrote (5448)11/6/1998 7:23:00 PM
From: out_of_the_loop  Respond to of 7247
 
Tim does a lot of handholding and that should be appreciated. No matter what stocks one buys, the only person responsible for the decision is the person buying the stock. It's not fair to an uncompensated person to have thrown at them even a hint of responsibility for the actions of others.

I am basically a "long" investor with a desire to learn a bit about position trading and this thread has been a good aid. I appreciate the opportunity to learn here and the efforts of Tim et. al.



To: Tim Luke who wrote (5448)11/6/1998 7:23:00 PM
From: Jay Lyons  Respond to of 7247
 
i'm a little pissed that a few of you have the nerve to send me messages complaining that i didn't post my position on a trade and they missed the boat

Screw 'em, that's why God made the delete key. If you can ignore them and enjoy the thread do it. If you can't, don't. It's their loss.

Jay



To: Tim Luke who wrote (5448)11/6/1998 7:35:00 PM
From: Mazama  Read Replies (3) | Respond to of 7247
 
Time for this lurker to come out of the great northwet woods. Tim- you created a great thread, a virtual but full-time job. I surfed through your stuff here months ago then saw the wsj piece and said "this bloke's doing it". I have been trying to justify taking my trading full-time after 4 years of decent returns and the normal mistakes. You people (Tim, Glen, Barbara and many others)who post quality stuff here regularly, have helped me enormously, and I'm sure many other members and lurkers to.

I have stumbled through the All-tech tours, cybertrade demos, brokers, pump-dump letters/people and DD links and now feel out of the loop if I don't read this thread. I chatted with Russ H. the ceo of go2net last june in Seattle, and this thread is making his vision comments much clearer. This is a great site with the right firm and a great thread with good people, posts and info.

Tim-why can't the maintenance posts (Asia market reports, index updates...whatever) be done by some of the other thread members now. I'd be glad to help and sure others would take what they could?
Just a suggestion from a newby, but I don't believe tenure is a requirement for initiative.

Ok, forget gern, there will be plenty of others, you guys all know that. Everyone is on their own when they click that mouse button to trade.

Anyone get in on safeway? Replacing Chrysler on S&P apparently drove it, can someone explain why? Can anyone suggest level 2 sources? Sorry for the long post, but...hope to give back to this thread soon.
thanks again Tim and all you other regulars.
Mazama



To: Tim Luke who wrote (5448)11/6/1998 8:28:00 PM
From: Paul A  Read Replies (2) | Respond to of 7247
 
wow.. Tim, dont kill the thread.. seriously man..

You made alot of fantastic calls over the last few weeks that I have been following this thread, and im sure a great many before that.. that is exactly your problem! People see this, and follow you, and expect you to hold their hands on to wealth.. that is their problem not yours..

People will love you one day and hate you the next. I think you need to be cognizant of who is looking to use you, and who is looking to work with you by sharing information. Aside from the last 2 weeks, myself as well as you and a few others here realize that there is no free ride to wealth.. every penny you make on wallstreet costs you about 1 hour out of your life, as well as the addition of a few grey hairs. What im trying to say is, this 'game' is extremely difficult and this thread has managed to gather quite a motley group of traders/investors who all help make this task a bit easier.

Im not certain how/if I can help you but just ask and id be happy to asist you in any way/shape. I will be officially full time after next Friday. I plan to start my day at 6am right up to the closing bell- and it will all start again at 7pm when over seas starts rolling.

funny.. your call on GERN was 100% true.. it was hype, but the market was ripe for it and boom.. even Joe K. on CNBC made a mention/warning about buying issues such as GERN because you could get stuck holding a position at the top. The only mistake you made on that trade was not following the herd.. Watch GERN gap on Monday, and close below $10.. so typical of a pump/dump which im all too familiar with.

dont let this b-crap get you down. too many people stole alot of good information from your brain and appreciate your offering it to us.. you have a great thing going here.

(ok, im begging.. but its worth it!)



To: Tim Luke who wrote (5448)11/6/1998 9:10:00 PM
From: Poet  Respond to of 7247
 
Hey Tim, this is a great thread. I've followed it since its inception and have seen it grow stronger each week. Let yourself enjoy doing the parts you love and farm some of the other stuff out to the many thread members (like me) who've benefited from your generosity and insight.
I hope you can see from the numerous responses that you're well-respected and would be sorely missed if you discontinued this thread.

Poet



To: Tim Luke who wrote (5448)11/6/1998 9:29:00 PM
From: Cyrus  Read Replies (1) | Respond to of 7247
 
Hi Tim
It is tough and stressful to make predictions in public on SI. People who jump on someone who's call does not turn out show their inexperience.
People like that always seem to come around, they are quick to jump on someone else yet they add little to the quality of SI.
This is a great thread, if you need help do not be afraid to ask. I agree if you leave it would be all of our loss.

Darrell



To: Tim Luke who wrote (5448)11/6/1998 10:10:00 PM
From: Jim TenIron  Respond to of 7247
 
Well said Tim, some don't know a good thing when they see it. I myself, while I don't post much on any boards, have learned and appreciated your insight and trading abilities. Some have no shame. Whatever ya do, good tradin to ya. Been a pleasure and a learning experience.
Jim



To: Tim Luke who wrote (5448)11/6/1998 10:56:00 PM
From: tide  Respond to of 7247
 
Have to get a word in for you Tim, along with the others here that have a brain.

Hope you can weather this storm & stay with it here, but you're the one feeling the disgust (like the rest of us) & stress, so in your own good judgement will make the best decision.

I don't post much but visit several times a day, unless I'm away & value your contributions immensely. Just because a donkey or two who missed it with GERN or some other, attempts to blame you for their own missed opportunity, there is absolutely no argument for their asinine complaint against you. Any investor must accept responsibility for their own moves, if they can't, they should be into mutuals or something like that & get themselves 'rich' in a hurry.

All the best in whatever future endeavors you decide upon. I will be watching your posts wherever they may occur & I'm sure I will benefit, but never ever blame you (or anyone else) if my interpretation of things leads me in a direction that the future proves not to be the ultimate best.

tide



To: Tim Luke who wrote (5448)11/6/1998 11:34:00 PM
From: Sandra  Respond to of 7247
 
Tim,
I needed to get back to the thread before I left for the weekend to tell you....not to worry about what anyone says to you about anything! You have helped many of us here with your picks, and I have been rewarded by them, as well a your friendship. I only want the best for you, even tho, the selfih side of me doesnt want you to give up the thread. I have learned alot from you a well as others who post here.

Tim, get away from the pc for the weekend..take a break.. dont worry about remarks you get from people...its not worth it. Do what you feel is good for you, and for yours.....life is too short! There is always another stock, but we can not count on there always being another day...

Sandra



To: Tim Luke who wrote (5448)11/7/1998
From: Merritt  Respond to of 7247
 
Tim:

I can only imagine how time consuming running this thread must be. To also answer PMs seems a bit too much, as well as counter to the reasons you started the thread. (to share ideas and thoughts)

If you should decide to cut the thread, I can understand, but...

There are 1200 bookmarks, that's an awful lot of people who tune in.
When you consider how many, it makes the number of loonies seem pretty small, doesn't it?

You've stated many times that what someone does with their money is their decision, and their responsibility...so ignore the children that can't understand, or more accurately, don't want to take responsibility for their own investment decisions.

I do hope you decide to keep this thing going as I've learned some things, and believe others have also. And along the way, I've also made a little money. That's a pretty good combination. Too bad it's an unusual one, and I hope you don't make it even more unusual.

Whatever...thanks, Merritt



To: Tim Luke who wrote (5448)11/7/1998 12:16:00 AM
From: Cheeky Kid  Respond to of 7247
 
Luke Man,

You better get your ass back here or I will suspend you:

Subject 23577

Regards,
SI Admin (Cheeky Kid)



To: Tim Luke who wrote (5448)11/7/1998 1:26:00 AM
From: Kona  Respond to of 7247
 
Tim,
Read the first line, "a few of you". The rest of us quiet lurker types appreciate what folks like you do. Check out Ike's thread over time and see what he's had to put up with since he started. This means you have truly arrived!

Best wishes to you if you continue to post or not.



To: Tim Luke who wrote (5448)11/7/1998 1:34:00 AM
From: Jerry S.  Read Replies (1) | Respond to of 7247
 
Hey Timothy (isn't that what your mother calls you?) don't sweat the asswipes. Is the grief you have been getting mainly over this GERN issue? Anyone who would blame YOU for their missing it is a complete AH. I too passed on GERN, didn't hold it overnight, didn't even buy it at all. Your feelings on the stock mirrored mine and you even made a profit on the deal! This GERN thing was a very risky move, imo, and it could have gone either way. It just so happened to work out that it gapped, and thats the way it works sometimes.

Tim, I say screw answering all PM's. Answer only the ones you want to. In fact, I would ask that all regular posters as well as lurkers refrain from PMing Tim. God, I know that its hard enough and time-consuming enough to handle one's own personal goings on, much less having to take time to advise others.

In the name of the many lurkers on your thread I would say that we appreciate your "thinking out loud" via this thread, and anyone who references this thread regularly should understand that's all it is, nothing more.

Tim, whatever you decide is fine with me. We all obviously wish you would keep on keepin' on but you must do what you must do. To sum it all up ..... thanks.



To: Tim Luke who wrote (5448)11/7/1998 4:32:00 AM
From: Glenn  Respond to of 7247
 
I just finished the book "Day trader's advantage" by Howard Abell.
I've been doing some great reading lately and this book was not part of it. I absolutely learned nothing.
oh well.

The book trading for a living taught me the most. It also has an associated study guide, which I bought. Its really a book of test questions. I'll start taking the tests tomorrow.
Thanks all,
Glenn



To: Tim Luke who wrote (5448)11/7/1998 8:39:00 AM
From: Tom West  Respond to of 7247
 
Tim;

Decide what you want out of this thread and then make the decision. I run a large business with several hundred employees. If I can keep 90% of them happy I'm having a super day. Same deal for your thread - do it for yourself first.

Thanks for keeping me long in XYLN.

Tom



To: Tim Luke who wrote (5448)11/7/1998 11:25:00 AM
From: terri acey  Respond to of 7247
 


I can't believe the immaturity of some people...I mean really, if they hold you responsible Tim for their investment decisions then I say they need to get a life and obviously can't make choices in their lives without holding someone accountable......
we are all adult human beings responsible for every decision we make in life...this includes job choices, partnerships both in personal as well as business and especially financial decisions...yes, one may have advice and have alternatives, but the paths we chose to walk down are of our own making...
I say to you people who try to lay blame to Tim for your buy/sell decisions, GROW UP! he is not your stockbroker but merely a person like ourselves interested in investing and trying to give his personal opinions as to the stocks he likes (and does not) and shares the forum with other interested parties that want to contribute their opinions and information it's just his OPINION..he doesn't have a crystal ball.....
I may not post much on this thread but I do lurk every once in awhile and like the neutrality and non-hyping of the posters...also much of the info is quite good and very informative...
Tim, you seem to have a pretty thick skin, I don't know why you even care about a few immature,disgruntled,and irresponsible beings who feel like you are responsible for their good and bad investment decisions...I say to them..GIVE ME A BREAK...Geeeezzzzzzz....



To: Tim Luke who wrote (5448)11/7/1998 1:47:00 PM
From: LTK007  Respond to of 7247
 
Tim Luke,don't kill this thread--and that is order:)!Max90(eom)



To: Tim Luke who wrote (5448)11/7/1998 7:51:00 PM
From: Charger  Respond to of 7247
 
Tim, I have only recently come across your excellent thread via a regular here. I would add to some of the excellent suggestions (in case it hasnt been stated already) that you alter your "preferences" or options, and simply remove the ability for people to PM you. Those with whom you wish to privately communicate, I would think you could do so through **their** PM ability, or email each other. There is no need to be stressed by some who feel it is their right to abuse and who cannot take responsibility for their actions.

There are so many who get so much from your thread, from you and your picks, that it would be a shame to have that disappear. But...do what U need to do for yourself.

Best, Charger



To: Tim Luke who wrote (5448)11/7/1998 8:25:00 PM
From: Don Pueblo  Respond to of 7247
 
Tim, here is something I posted on another thread that may be of interest to some people here. Although it is about day trading, some of the principals are applicable to your style of trading as well. Ignore the stuff about day trades.

It is unfortunate that some people feel the need to beat you up for not making calls for them! Brokers have the same kinds of clients, when the client buys a winner, it's their fault, and when they buy a loser, it's the broker's fault. In this case, "It's Tim's fault." The truth is that nobody will ever be consistenly successful if they don't learn to make their own decisions, and accept responsibility for their own mistakes. Take the "PM" feature off your profile, and screw them.

Here's the post I was referring to: #reply-6329480

Have a profitable week, my friend. BAWK!