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Technology Stocks : Applied Magnetics Corp

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To: Spots who wrote (11702)4/2/1998 10:24:00 PM
From: SeanS   of 12298
 
I have the same strong gut feeling you have. This market smells
really ripe for a serious correction. All parabolic curves switch
direction eventually. An alternative to going to the sidelines that
you might consider is day trading. It can be nerve racking and
downright exhausting, but it limits considerably the downside risk.
I was a long term investor in APM and lost my #ss last year. This
year I'm sticking to day and short term trading and doing great.
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