Well said Bearmove..From the room chat logs 2/3/04..this is what is said when Jerry is on vacation...
(01:22 PM) marginmike: gotta take jerry with a grain of salt
(01:23 PM) marginmike: beyond day trading calls, dont listen to his long term calls IMHO
(01:24 PM) MineOnly1: Barb .. I decided I would ONLY do Jerry's trades .. WHILE I was trying this room and "learning" his way ... ouch
(01:26 PM) vas-da-traderman: Barb.........THANK YOU for saying this.......first week in here was an expensive lesson
(01:27 PM) Aardbarks: Bye the time Jerry's pounding the table and saying "is everybody in this stock," the stocks already made a big move - TOO LATE
(01:28 PM) ronfr: respectfully not exacly a testimonial to be in thisd room for Jerry
(01:54 PM) BarbT1: Again - I just got several PM's .. JERRY IS ONE OF THE NICEST GUYS GOING .. HE IS HUMAN AND MAKES MISTAKES ... ultimately we are responsible for ourselves .. but do not trade more than you can afford and try to tune out the noise .. trade with your head and not your heart
(01:54 PM) randix: lol, Jerry will get back and find out 50 folks have left the room
I have been reading these logs and have to say that there is some good trading information exchanged in the room but it seems people are confused with Jerry's calls and his pounding the table. Unfortunately many prople get stuck in daytrades that go wrong and then become position trades that are not to be discussed anymore.
Ignore Jerry's calls and look for the trading pearls of wisdome in the logs or in the room.
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