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Strategies & Market Trends : The picks

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To: Dorothy Simpson who wrote (808)12/29/1996 8:53:00 AM
From: Sam Armstrong   of 6124
 
Dorothy,

Some people simply have a knack for picking winners. Especially if they do their DD and have the needed resources. Shawn seems to have them and make good picks.

Take my brother for instance. He loves to pick stocks. But he is broke because of it. He falls in love with his picks and swears they are gonna "move". They move alright. In the opposite direction he says. Kind of a sixth-sense with him. Everything he says to do, the opposite happens. I've listened to him several times over the past several years and lost money each time. If I had the nerve, I'd use him for advise. Whatever he says...... I'd do the opposite. I'm convinced of this. Just as you are with Shawn's picks. Take one of his latest <ZE>. for someone who could get enough leverage, they could have made a few quick bucks late last week after the FCC approved the HDTV. If you'd bought ZE near the bottom. May still move another dollar. Not gonna make you rich but moving in the direction Shawn predicted. Not to mention Shawn's prediction of a buyout by the majority holder of the stock.

From what I've seen just watchin' and listenin' in on this thread, I think the "bones" Shawn throws out to us are great quick "in-and-out" opportunities. The problem most of us have is we're reluctant to jump in as soon as he throws the "bone".

P.S. Stocks are like humans. Never fall in love with them. They'll break your heart. Too many fish in the sea for that.
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