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To: ahhaha who wrote (5258)	2/9/1999 1:54:00 AM
From: E. Davies	Respond to of 29970

I also suggest stop buying ATHM. You are averaging down ATHM had spent 6-9 months in a basing period between 30 and 50, then it broke out and ran to 130. Currently it appears to be in another basing between 80-100 and 130. So buy buying @100 I am averaging up, just not as you would prefer if I had bought at 130 (where I sold some- also against your recommendation). You see if you look at most any chart without the time and amplitude labled it means absolutely nothing. This is why is means nothing to say a stock will get "whacked" or we will have a "debacle" without assigning approximate values to the timeframe and the magnitude. Your vast skill with language has failed you in one simple point- that the purpose is to communicate to those who cannot see inside your mind and know what you mean. Your words better fit a politician or a cult leader (both of whom do not wish to be understood) than a scientist or a mathematician. To take it one step further I do not see a problem in averaging down if nothing has changed your view of the underlying potential and the market has decided to make it cheaper for you to do that. I remember clearly you ordering me to buy T at 50 (the very bottom). I didnt until 75 when the uptrend was clear, but you were right. You don't want to believe me, but when someone like Acampora comes out and says we have problems, the institutions start listening. Acampora has said this before. He was right, then he was wrong. Then he was right again. Will he be right this time? Maybe. Probably. But what he predicts isnt so bad is it? Its only when he kicks the market again when it is down (and he will) that things will really be put to the test. as soon as I wasn't saying what you wanted to hear, your back stiffened. Nope. It was when I couldnt find the pony in the pile of manure anymore, or the gold in the sludge. Maybe it is my own inability to see through your paradox or maybe it is that you have created a paradox that is not there. As I said the line between genius and foolishness is invisible. you would be making loads on the short side and having a ball with my posts. I've been one step too slow in not going heavily short, but at least I wasnt my usual two steps too slow in that I sold much of my holdings near the top. Still looking for some good shorts. Can you think of any company with a better potential for the next 5 years than ATHM? I know your liking of T, but what of anything else? Eric

To: ahhaha who wrote (5258)	2/9/1999 9:10:00 AM
From: RocketMan	Respond to of 29970

Holding DELL indefinitely is a good idea. Glad you said that, since I am trying to do that. In fact, I am in a number of stocks that I hope to hold indefinitely, ATHM being one. I am neither knowledgeable nor fast enough to trade in and out, or short.