The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (1635)	11/30/1998 10:33:00 AM
From: Tim Luke	of 90042

re-post in case anyone missed it: ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;; To: +Tim Luke (0 ) From: +Tim Luke Sunday, Nov 29 1998 4:35PM ET Reply # of 1721 my advise to myself: this post is directed towards the internet stocks and not the market in general....IMO, these overbought NON revenue stocks are sitting on a fault line...i am now only day trading and making sure i'm out of the market by the end of the day....i will be scalping these stocks all day long but i will not hold any of them overnight....this is a very dangerous game here and it will all end one day and many of you are going to burned real bad....jumping in a stock that goes from 2 bucks to 40 is pure insane..this is nothing more then gambling and it will smack you in the head one day.... sure you can by one of these stocks and hold it overnight and make 20 points the next day BUT do you really think this will go on forever??? all it will take is one thing to set the snowball rolling down hill and by the time you get out you will be sitting a 30 to 60 % haircut. one of the few i like is shrp and i'm not even holding this one overnight...i'm quite sure that navr,eggs,bamm ect.ect. will continue higher with all the hype running wild on these stocks but keep in mind the honeymoon will end. this post is directed to the inexperienced investor's that are investing their life savings in these stocks...this is a very stupid thing to do because you could very well end up losing a very large sum of what you put into these stocks. the few stocks that i do like long are ...shrp..asnd..xyln..mer but for now i will only be doing intraday trades shorts and longs. the following was just my humble opinion and you know what they say about opinions. t

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