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Technology Stocks : Dell Technologies Inc.

DELL 120.53

+0.7%

Jan 16 9:30 AM EST

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To: freeus who wrote (67505)	9/25/1998 2:40:00 PM
From: On the QT	Read Replies (4) of 176387

Freeus, Re: "Meanwhile DELL leaps will help" I agree figuratively and literally! Actually Free, it is important to get grounded in a broad understanding of the trading game. Then take a position that you fully believe you understand and can improve upon. You should know I don't trade options as of now. All of my trading and investing are in IRA type of accounts. The school of study that I am from ( aside from NYU and a couple of other colleges ) is first learn about something that works than improve on it, if you can, if not go with what works. My personal mentor is William O'Neil of Investment Business Daily and Daily Graphs. For years I was strictly a "Buy and Hold" passive investor. ‘‘Buy and Hold" with the right stock, works under most conditions. Then about 3-4 years ago I started to see that the game was and is changing in some respects. With the advent of electronic trading now available at little cost to the average investor it has become very feasible to try to pump up that old tried and true "Buy and Hold" strategy. With the kind of new information available it is possible to get the edge you need to improve on passive investing. You should know that it takes an edge. Unfortunately as the new information becomes available to the public at large it loses its value to some extent. I am constantly looking for a better way to do things. However, I try not to reinvent the wheel. You will do fine. Just keep questioning and delving. You will eventually be in a much better position to get in tune with the "action". There is a huge difference between trading and gambling. But too many of us trade like gamblers with out an edge. In fact, many not only do not have an edge, they gamble in areas that provide the edge to the bet taker. The problem may not be the gambling it may be the losing! Sincere Regards, QT

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