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To: David Cohen who wrote (13007)	2/22/1999 9:10:00 PM
From: Taby	Respond to of 14631

Small Companies with big punch: cbs.marketwatch.com

To: David Cohen who wrote (13007)	2/22/1999 10:09:00 PM
From: Hardly B. Solipsist	Respond to of 14631

I agree about being emotional being bad for investing. My complaint wasn't that I thought that the article was false, just that it was useless. If the article was supposed to be a fluff piece, that's fine, but a fluff piece on rational investment strategies is ludicrous. If he wants to claim that one would do better dumping any stock after it goes down, I'll need convincing. I think that this strategy might be better than holding on to things just because they go down, and maybe some people do that, but if he's trying to show people how to spot a common bias that costs them money, he's got to show them how to spot it. He didn't do that. He just said that taking a huge pile of undifferentiated data about stock transactions showed that some part of the population (probably) had such a bias, and then suggested that you buy some newsletters. Since he sells a newsletter himself, I didn't feel that I was reaching to think that he might have a bias, although he avoided outright hucksterism. The piece looks like the articles in Family Circle from when I was a kid...