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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (6620)11/11/1998 7:22:00 PM
From: Jay Lyons  Respond to of 7247
 
To the Thread:

I've only posted on this thread once before, so I may be out of line, but I do think this needs saying.

FOR THE MOST PART YOU PEOPLE ARE IDIOTS!!

So you read an article in the paper about Tim and you thought "well jeez I don't have to have a brain I can just do whatever he tells me and post stuff like "tomorrow NEWZ will be a teenager' so I'll be part of the group and...oh gosh...the stocks the same as it was yesterday morning. That bastard!"

You were not victims of a pump and dump. Most of you are to new to know what a pump and dump is. Check out this thread, and believe me there are plenty more.

exchange2000.com

The people in MIDL lost every penny they put into it, I know, because I was one of them.

Everyone who lost a whopping big ten or twenty percent on NEWZ got a big lesson relatively cheaply. The lesson is this is a hard place to make a living, nobody's going to do this for you, and many of you shouldn't be trading at all. Face East and thank the universe that it was Tim you read about, and not someone who was really out to take your money.

Please take whatever time you might have spent responding to this post to PM Tim and sincerely thank him.

Jay



To: Magnatizer who wrote (6620)11/11/1998 7:36:00 PM
From: Jim Ray  Read Replies (1) | Respond to of 7247
 
Tim, I think you are making a mistake, ending the thread. I believe you enjoy it too much. And most of the posters enjoy it the same. For the record, I chased NEWZ today and got in @10 7/8. I am down $2 and don't regret buying it at all. It is the same stock, with the same strengths and weaknesses, it had before you sold. Whether you held or sold is of no concern to me. I thank you for the heads up on it. Let me get 3 pts on it and I will sell in a Cocaine minute. And I think I will get it.
The problem on these threads is that some people get too emotionally involved. They are trying to get something other than a profit on a stock out of them. (The sense of belonging or being on a team etc.)They will leave this thread and go to another thread and get their heart broken again. The other problem is people who sit and wait for some one to do something so they can jump in and criticize or tell you how good they are and how bad you are. But all these people make up about 5% of the posters. I say pay attention to the 95% and the he** with the rest of them.
I hope to see you remain on this thread, but if not I will catch you on a another one. My thoughts and prayers go out to you and your family for your father's health.

Your friend (I hope)
Jim Ray