Re: What's happened to this place?

On Mar 29, 3:15 pm, "Bill Reid" <hormelf...@xxxxxxxxxxxxxxxx> wrote:
Lubow <lu...@xxxxxxxxxxxxxxxxxxx> wrote in message

news:%FuHj.498$at6.239@xxxxxxxxxxx

What's your money making secret?

He's a gigantic liar...

Seems to me the only $ making strategy
would be to do a lot of buying and selling on an almost daily basis?

That's what's working for me, Jerry.

Watch as he now reverts back to his original fantasy that he used
to post when he first INFECTED this group a couple years ago, that
he's not a stock trader at all, he's actually a futures trader...



I'm sort-of negating the stock market by daytrading the crude light and
the
10-year notes.  Those are the contracts that have the best b/a spreads
which
make them a good pick for speculators.

Of course, after the stock market moved up for a while, he changed
his entire autobiography, became kind of a Warren Buffet/John Templeton
"buy on dips" long-term stock investor.  After the DJIA fell a whopping
1.07% one day last July, he encouraged everybody to follow his lead
and fearlessly buy stocks:

Newsgroups: misc.invest.stocks
From: "lubow" <lu...@xxxxxxxxxxxxxxxxxxxx>
Date: Fri, 20 Jul 2007 20:37:00 GMT
Subject: Did you do any buying today?

One day in 1998 (or was it 1997?) I was hustling down Wall Street to attend
a meeting with one of our partnering companies regarding our contract to do
the Y2K remediation for the NY Thruway Authority.  Market-wise it was a
really bad down day on Wall Street.  One of Neil Cavuto's producers
button-holed me in front of the Sub-Treasury Building  to get my impressions
of the 150+ Dow pullback.  I told Cavuto (for my 90  seconds of fame) that
selling into a panic was the worst thing one could do.

For the entire 90 seconds of the interview Cavuto kept pressing me to admit
that I had lost money during the selling panic.  "I didn't lose any money,
Neil.  Just not as rich as I was yesterday.  Right now I'm buying and so are
my sons.  We're buying Intel and Exxon."  Anyway, the Exxon part worked-out
fabulously.

==============

Today, we took the opportunity of a falling Dow to use up about 1/3 of our
cash horde.

<imaginary day-trade elided>

Also on the TSX we bot Sherritt International S.TO.  It's a poor man's Teck
Cominco and then some.  Sherritt is rebuilding the power system and grid in
Cuba in a cash deal.  Cuba doesn't have the money but Hugo Chavez sure does.

Next, I also saw a seven point + drop in on one of our great companies
almost literally next door, Pall Corporation PLL.  We took a full position
on that one.  In Mrs. L's IRA I cashed her out of MasterCard and used the
house's money get her a small position in Inter Parfum IPAR and a position
in PLL.  Maybe around Vets Day I'll get her back into MasterCard.  I'm not
sure right now.

No doubt during the balance of the summer we'll be hearing "cash is king"
from the usual suspects.  Just keep an open mind with the knowledge that
during the summer trading is light and rallies and pull backs are often
exaggerated.

Good luck to all.

-- Lubow

---end of archived idiotic fantasy post

S.TO  7/20/2007  Close -->  $17.48
S.TO  3/28/2008  Close -->  $14.46 (+$0.102 dividends = $14.562)

PLL  7/20/2007 Close -->  $41.11
PLL  3/28/2008 Close -->  $38.25

IPAR 7/20/2007  Close --> $26.52
IPAR  3/28/2008 Close -->  $21.07

Brilliant!

And now we know why "Lowbrow" decided to AGAIN rewrite
his fantasy autobiography...the penniless old retired toll-taker's
2007 imaginary trading strategy just hasn't worked out the
last few months, so time for a new lie, same as the old
lie...

As to the OP's original question, I've been saying for years
that Usenet is clearly dying before our eyes, has been for
years (old-time Usenetters will know what I mean when I
say "eternal September"), as the only posters are obviously
mentally-ill fakes and liars (and Chinese spammers!).

Yes, if you went back say eight years ago, freaks like "Lowbrow"
and "BuffyTheProfitHater" would have been kicked out of the
group so fast it'd make their wrinkled bald heads spin, but
now they constitute the MAJORITY, and thus a "voting block"
(apropos for this, another year of endless political posts by
freaks without a life or a shred of individual dignity), and so is
another example of why I agree with Kent Brockman when
he said:

"I've said it before, and I'll say it again: democracy just doesn't work"

---
William Ernest Reid
Post count:  maybe a billion or so?

William... sooo, are y'all investing in any stocks? Which ones? How
bout making a new post each day bout a different one in the
portfolio... let's turn this group back into a stock investing
forum... as opposed to a political, clothing sales or bitching forum.
Y'all certainly appear literate and spell better than myself... now
don't be shy...
.

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