Nancy:
You are right, most of the people (if not all) on this thread are sincere, and are very helpful to us. They share information, and sometimes they get excited about a stock. The quotation that I like the best is from Motley Fools' calendar, "The Fool holds that newsletters, gooroos (should be Guru), and brokers usually don't have your best interests at heart - the best person to manage your money to market-beating performance - is YOU." So, Doing our own due diligence ("DD") is what will ultimately put money into - or take money out of our wallets. I have a theory that says, "If a stock is really as good as it is hyped, why wouldn't everyone hush up about it so they could accumulate more, and let the stock go where it's going?" Good stocks will get there on their own merits. Others may rise high on hype and rumor, and, when people determine the peak, they dump it and leave others holding the bag. If, on the other hand, a stock turns out to be a steady, slow climber, it'll probably endure and the longs will make some decent money. I don't blame Schwab for the delay. They sent my order to the MM, and it simply took 35 minutes. I did LEARN from the mistake, and haven't made the same one again! I don't think it's common to Schwab either. Read the BB's at LYCOS on Wit Capital, etc. to see what I mean. I don't think there is the "perfect broker". You just have to do your own work, and be sharper than the other guy who, after all, is out to TAKE YOUR MONEY. Everyone cannot make money. There are those who win - and those who lose. By the way, sometimes I have dumped a lousy stock in favor of a sure winner. You may want to consider taking a hit on some of yours, rather than waiting for it to "come back." It may never come back. Buy stuff that will earn you some money, even if you have to get into something with volatility, like buying LCOS, or GNET, etc. You grab so many shares after a Wall Street blood-letting series, and sell it when it goes back to "normal". There will ALWAYS be opportunities. Wall Street bleeds a lot, then it makes great runups for a few sessions (around 6 or 7 of them). It dives, you buy at the bottom. It rises, you sell at the top or near top. Anyway, good luck with the MRPS. Just watch the needle move on Monday and see which way it goes. No one can tell you how it will move until it moves.
Best regards,
re:MAX |
