Zeev's Turnips Patch-No Politics (ZEEV)

[Paul A]

heh- alot of good postings came out of the coco fiasco.. and its really sad because now that I make my rounds to all my yahoo investing clubs and such I realize alot more folks than just the few I hang with here got royally burnt.. and the saddest part was? When these people took the positions you could just feel the uncertaintity and utter 'balls' it took to put those bets down.. All for nada in the end, and in one instance a trader I have teamed with for nearly 7 years was actually burnt about 2-3 points because he had to cover the short position it created after they busted the buy..

All I can say MH is thank God it wasnt me because I have a temper that gets me into trouble.. and trouble Im certain is the reason some/most folks are just dropping the issue and moving on. Despite some folks laughing about the idea of the SEC and NASD reading these message threads? You can bet they do.. and I found that out first hand a few years back so I know it for fact. Im small potatoes thats why I have no fear in sayign things such as 'the NASD should be totally overhauled- its a joke and half the members have violations against them blah blah' or the SEC is a buncha fresh out of school, underpayed kids who are just using it as a stepping stone to move on to a real career.

Oh you can bet that some of the deeper pockets here would rather just move on instead of making waves with the big boys.. Cant blame them either. These folks are probably the most powerful force in our lives and they only take care of one class of people- the ultra wealthy.. Aside from Elliot Spitzer (!) its probably not wise to step in front of them for any reason : )