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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.18-8.3%3:59 PM EST

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To: Art Ebands who wrote (233)7/25/1996 11:38:00 PM
From: Ben Woo   of 3256
 
Art,

I was only inquiring into some of the momentum trader's ideas/theories that are used. I am really in stocks for the long play. That is why I am generally riding the stocks up and down with no profits. I read all these posts in SI where people are making tons of money with their puts and calls. And what do I make? Smiles when stocks are up and depression when down.

I think that I just need to be patient and sit in all the stocks that I presently own, increase holding at lower prices, and wait for one of them to become that big "ten bagger" or whatever. Then it would make all this waiting worthwhile instead of just making alot of money for my broker.
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