BRAACK. Excuse Dr. Stool while he cleans up the vomit. As Dr.
Stool is writing this, The Mother, is about to be interviewed on Caint
Nobody Buy Channel. Ohhh, Ohh, Dr. Stool's feeling sick again.
AAAAARRGGGH!
Another
thing Dr. Stool discovered is that she has a self-serving way of
shading her statements so as not to call attention to her horrendous
record, while at the same time dropping subtle reminders of the few
things she was right about. She also twists the record to
make it appear that she was right, while being dead wrong.
Dr.
Stool pointed out that Miss The Turn proudly stated that Goldman had
recommended underweighting tech. But between February of 2000 and
January 2001 The Mother publicly and specifically recommended Tech
ten times. Tonight she said on CNBC, again, that one year ago Goldman
had recommended underweighting tech.
Ladies
and Gentlemen, the Mother was quoted in the media on March 22, 2000,
one year and one day ago specifically recommending tech. On March
28th, Goldman recommended a portfolio weighting of 35% in tech and
telecom. The Mother specifically said she was not at all bearish
on tech. She maintained this recommended weighting throughout
the tech collapse, and she publicly reiterated her positive stance on
tech no fewer seven times between April 2000 and January 2001.
Dr.
Stool wishes to point out that maintaining a 35% weighting in tech
would have required constantly adding to positions all the way down, a
strategy that would have been even more devastating than simply
holding the original position, which was bad enough.
On
November 27, 2000, four months ago, in a widely followed financial
publication, The Mother recommended a basket of stocks. Here's how
those picks have done.
11/27/00
3/23/01
%
Ch.
KRB
35.13
30.21
-14.01%
AXP
53
36.8
-30.57%
RE
58.38
61.32
5.04%
ALL
37.25
39.2
5.23%
MET
28.56
27.5
-3.71%
WFC
44.31
45.42
2.51%
SOTR
31.38
42.56
35.63%
ZION
54
79.25
46.76%
DOX
60.5
50.2
7.40%
EMC
84.25
36.1
-59.20%
SLR
34.69
21.04
-24.20%
GLW
64.31
23.86
-58.00%
CSCO
51.25
17.75
-59.70%
SUNW
44.09
18.25
-53.90%
ITWO
56.59
16.125
-65.50%
VRTS
106
53.875
-45.00%
Average
Loss
-19.45%
Dr.
Stool will let you decide for yourself whether this is a person you
would trust.
