How to best deal with KOOKS at this web site Message Board

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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (1300)	9/19/1997 3:02:00 PM
From: Gottfried	of 1894

Ice, insider trading ahead of public news does happen. I think it happens less with bigger, more visible companies. Technical analysis has its uses, but couldn't have warned you in this case. You should definitely not abandon the market. How else will you earn enough for that cabin in Marin county? :) One way would be to go with the herd more often - like in momentum investing. I don't do this myself. Also, diversification - even though maligned by some - lets you shrug off these unfair losses more easily. I know you like trading short term. Fido on the IOM thread has a method I like. He just places GTC buy orders below the current market price. Sometimes they get filled, sometimes not. If they don't get filled he loses nothing. If they get filled he may make a quick buck or two per share. This takes advantage of the natural volatility of a stock and assumes no sudden adverse news. Here's a link to Fido's post: exchange2000.com GM

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