> You might be better off buying the top four or five leaders and
> putting them in a drawer.
William,
I think this is the ONLY way to make BIG money, especially on inet stocks in the next couple years. In fact, if anyone has invested $10,000 in AOL, YHOO, AMZN, EBAY and CMGI from last spring, guess how much his/her account would be worth today? $100,000!!! That's right! In just over a year, the account has increased about 10 folds! "Yes", you may say, "Sorry that I missed the train, but it won't repeat this year". I say, "How do you know?" Actually, I have not seen any slow down so far this year. In fact, the inet frenzy is actually getting more and more bizarre. Sure, we will see some drastic drops within the next 365 days. But we will see much more dramatic upside days among them. Let's hope the guy/gal who bot $10,000 last spring keeps his/her account untouched. By this time next year, s/he may become...shall we say...a millionaire!!! So, my point is, just because you're cautious about those possible drops and doing in-and-outs frequently, you may end up losing big upside potentials. As BancBoston's Keith Benjamin said, the real risk these days involved in investing in Inet stocks is NOT-investing therefore losing big upside potential.
Having said all these, I do pay attention to short term trading trend. I have actually done some detailed researches on timing pattern of inet stock trading this weekend. I will put together an analysis on this finding later.
Good luck to us all next week.
MB |
