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Strategies & Market Trends : Rande Is . . . HOME
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To: melinda abplanalp who wrote (1428)12/30/1998 7:31:00 PM
From: Rande Is  Read Replies (2) of 57584
 
To all. . .for the record:
I will never make a "recommendation" to "buy" or "sell" any stock.

So if anyone is waiting to see me jumping up and down saying buy this or that. . . it will never happen.

There are plenty of other threads where folks will tell you exactly what they want you to do, so that they can profit from your moves.

That is another reason we make picks LONG before stocks start their runs. This way nobody can point fingers.

I have jumped in WAY too many "stock picks" of SI gurus, only to find that I was last in and the price just dropped in half when my confirmation of execution arrived. So I know how it feels only too well. I spent countless hours trying to develop a method that would keep this from happening.

I even had some radical new ideas that I was thinking of implementing online to remedy this.

We are all very fortunate that we have stumbled onto this thread, where we work together feeding one another. . . not feeding OFF each other.

I hung out on Daytraders Irc past few days. . . .like watching a fish tank full of piranha. They would sell their offspring for an 1/8th of a point.

And talk about lies. . . and hype. . . .

Yeah, their losses are pretty huge, too. So the one triple they yell about is quickly lost when MMs drop the floor out of a thinly traded stock and give it a 150 pct spread. Who can sell?

The stocks we pick are also just plain good old-fashioned companies for the most part. Very few are "vapor" oriented, where company makes unsubstantiated claims of business.

I like manufacturers of real products, distributors of well known products and retailers of good products. Just add internet and they are ready. With exceptions that are exceptional.

Anyway. . . just wanted to make sure we are all on the same page on this thread.

Rande Is
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