Tuesday, January 23, 2007 8:26:49 PM
Contrary to what the bashers may say, it is not morally wrong to be a long. If you think it's unethical to sell to someone who may or may not take a loss on it in the future, you should not be investing in stocks. Still, it is impossible to completely avoid risk. Even putting your money in a coffee can and burying it in the backyard is bad because the Fed is printing money like mad and that cash would soon lose a lot of its buying power.
It's downright silly to browbeat people who are here trying to make money. I've never seen a lot of pumping on this board, but I have seen persistent distortion, bashing and screaming haters (one ended up in jail) who will have us believe that TNOG longs don't exist--only pumpers who are waiting to dump on 'naive newbies,' --as if they really care about such anonymous people even if they did exist. It has been proven that our #1 basher has flipped and dumped on his precious newbies more than once--and he probably did it again on the last spike. Notice how he disappeared that day. As I pointed out the day before the spike, he may have prevented folks from buying and cashing in on an easy double. Now they are going to try to talk it down again for their next flipping point. JMHO.
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