Sunday, April 04, 2010 9:19:16 AM
It's a wild world in the pinks
It's amazing what you'll learn reading the message boards. These posters are all prodigous at market timing, always buying at the bottom and selling at the top.
Incredibly, they always know when to switch from dedicated longs to opportunistic shorts and quickly forget that they ever been longs.
They average down on a stock that loses 95% over 4 months but somehow are only down 5-10%.
Then there's my favorite, the guys that don't know how to read between the lines of a PR and those that pick one word out of a generic news item and spin it to kingdom come.
Another favorite are the dedicated longs that managed to pull out their money before the R/S and now act as though they always knew...
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