levy, Blue's Correctamundo... and awhile after he coined the phrase Level/Tier I, II, etc. and the concept it started showing up elsewhere. BRAVO BLUE, it's so simple, and highly effective. IT'S THE VERY TECHRIDE ESSENCE!!!
Another BLUE's RULE -
"NEVER SELL SHORT A TYPE I INTERNET STOCK ON THE MOVE"
(as in, like, when ISN'T it On The Move? )
Never DID see that one anywhere else.... wunnerwhy? LOL
My rules (nothing original like Blue's Type I's) are -
STOCKS ARE NOT LOTTERY TICKETS.
INVESTING ISN'T A GAME.
BEWARE IF IT MERGES WITH EGO.
OBJECTIVITY IS THE ONLY WAY.
IT'S ABOUT PAYING ATTENTION TO GROWING HARD-EARNED MONEY.
DD = COMPARE & CONSIDER THE SOURCE(S).
REMEMBER WHY U BOUGHT IT BEFORE DECIDING TO SELL IT.
IF IT AIN'T FUN IT AIN'T WORTH IT.
Notice the EPS stats on some quotes and sites are WAY OFF oftentimes. To find the REAL TYPE I Internets/Technets it's mandatory to go to the statements and count the earnings. Many stats have discrepancies (as i'm sure you've noticed). Especially the EPS and Announcement Dates TRUTH be somewhat difficult to nail down, especially later. And soon, to add further to this merry mix-up, Closing and Opening prices are about to show up different in various places too - because the NEWSWIRE (!) is about to be permitted to offer a choice of more than one of THEIR calculations for pps coming from the different multitudinous sources now other than the traditional indices/dowjones. Talk about a moving target!!
levy, a multi-column plastic counter and an abacus is a good desktop tool - its easier than scribbling things down.
Would enjoy hearing other discipline/strategy/rules....
909s,
Joan |
