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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: psyched who wrote (1937)	12/15/1998 1:44:00 PM
From: Paul Lee	Read Replies (1) \| Respond to of 2346

NWM, if all you are going to do is remember every single bad call. No one gets them all right, you have to look at the total long-term picture. And small caps are always more riskier.

To: psyched who wrote (1937)	12/15/1998 6:08:00 PM
From: R Chen	Read Replies (1) \| Respond to of 2346

Paul,you are right that you can't get them all right,but to give you some insight into JD's thinking I will repeat a story he told in his literature. He once had to arbitrate between a man and his wife. The man owned 100 stocks. His wife wanted to sell some of them. The man said,but I love all my stocks and do not want to sell any. JD was very proud of this man. JD is very much like this man. He loves all his stocks and doesn't seem to realize the risk to his subscribers by failing to recommend selling a bad pick. He does a superb job of convincing you to buy more or to hang on.It is difficult for me to understand the reason that he recommends his his subscribers sustain a devastating losses such as CPPKY .He should disclose which stocks he invests in and when he sells.I would like to see if he follows his own advice.