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

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To: Olu Emuleomo who wrote (3725)12/23/1998 5:40:00 PM
From: Paul A  Read Replies (4) of 90042
 
its actually embarrassing whats happening! I remember 2 years ago when I started to trade actively, on an average day you would pull up the percentage gainers and see some 2 points, and rarely 4-6 point gainers if a company was being taken over.. take a gander at todays gainers list! 20, 40 points are the norm..

My parents called to see how I made out with the trading.. I was proud of my returns but not them! They couldn't believe I didnt pull in 2-3 thousand a day like all my aunts/uncles! Sad thing is, if I had scrapped all my due dili and simply targeted the i-nuts, I could have my social life back AND make about 10 times what im earning now.. I actually feel like its taking away the credability of the stock market.. Another friend who bought 100 shares of EBAY shortly after going public actually tries to give me advice on investing... EBAY is all he owns... he dosnt even have a damn computer!

Hey- im all for people making money, and im real happy for everyone here who has taken this for all its worth but what I saw happen today really made me sick (seriously) MZON, UBID..

ok ok.. sorry.. enough.. if your reading this message than you probably have put the time that I have into stocks so you deserve the money if you were lucky enough to nail them.. it just bothers me because trading for a living is very serious business.. its probably one of the most difficult career choices one can make and if your not 100% into it, chances are it will never be profitable. That has all gone out the window in the last few months. I watch Tim, Tokyo mex, and others that I respect quite a bit.. look at the time they spend here! Tim is typically awake and typing before I am, and if im not mistaken he is on the west coast which puts him 3 hours behind me!

anyhow- my pink floyd CD is pumping out the colorful tunes, which means its time for Paul to 'roll up' and fade away from this madness for the night.........

boy... will you look at that chart for FORE? Once again stealing Tims ideas but if this isnt a great position trade I dont know what is... anyone catch the bounce on PSFT?
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