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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote ()11/28/1998 11:17:00 AM
From: Tim Luke  Read Replies (6) of 90042
 
To the Thread:

My stinking opinion only:

be very very careful in the weeks to come if your are playing these high flying 10 to 30 point gainers...one day we will wake up and the honeymoon will be over and if you are holding these at the highs you will have a nice 50% haircut.

this WILL NOT last and many of these stock that were 2 bucks and now are 40 will come right back down to earth....i may have lost a chance to make a sh*t load of money by not holding many of these overnight but i'm just as happy day trading them and ending the day with NO stocks.

you may think bamm,navr,eggs,ect.ect will gain another 100% and jump right in at the highs on monday hoping for a home run but the odds are you will get your a** handed to you and it will hurt real hard.

i could come on this thread and others and pump the sh8t out of these and i'm sure many of you will jump right in on the hype....well i will pass on that.

this is not a game, if you want to invest like this you might as well go to vegas instead....this IS NOT investing it's pure gambling.

you and i no NOTHING about these companies that have NO earnings but are shooting to the moon by every mom and pop rookie investor buying a few hundred shares....TRUST me it will all end and the "rookies and mom and pops" will be left holding the bag and guys like me will be long gone.
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btw- for all of you who trade with discount brokers....you are getting screwed BIG time.....unless you are a a very good trader in the short and long run you will say "what happen to all my money"

t
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