TheLion.com - Forum

From: jaybrigett (Rep: 32) reply to wonderdotcom

Date: 11/30/2001 09:31

Forum: Wall Street Pit - Msg #240924 - List MKT msgs

Thread #240883 (Rec: 0)

Re: God bless my friend, please.im sorry,there is really no mercy !most longs in the same boat!

jaybrigett

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Reply to wonderdotcom - Msg #240887 - 11/29/2001 21:54

God bless my friend, please.
My friend in Seattle called me tonight and unfolded an amazing story: for the last one week, he has lost every money in his investing accounts. Last Friday he bought XOXO and sold on thsi Monday with 20C profit. He then moved money to ENE at 3.85$ that was the day low. Next day he enjoyed watching it moving up to 4.25$. Yesterday he got out at 92C with 75% loss. He then put all the money left to XOXO at 1.03 to 1.05$, and they seem to be gone now.

When I left Seattle four yrs ago, he was millionare and was the guy to have introduced and tought me the basics of US market. His bad luck reminds me of how great risk we are taking everyday. I hope that no one here have this kind of situation. Good night.

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Note: I will close all of my trading positions before the end of day. My prediction for market is effective only for next day.

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