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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (44291)	6/11/1999 9:08:00 PM
From: pooh	Respond to of 120523

Susan - Despite what I said about CMGI, I still have a hot on it. I can't wait until it hit the bottom, which I don't know where, to load a bunch. But for long term? I'm not so sure about being an investor on this stock. I set up a fake portfolio to see how dumb I could be. From the fake portfolio, I got CMGI in February for 107 (pre split) and left it there, while I play profit taking in real life during that time. As of today, I got about 36 points from the fake portfolio, but 123 points real life by trading the same old CMGI, long and short. I'm lucky on this one because CMGI had its great run from March into early April. However, it's enough to prove that it's OK not to be an investor, and there is not much excuses to be a long term investor beside admitting that I should have stuck to my rule. I'm laughing now since I only hold a small position, but my daughter would make me sit time-out if I bet 1000 shares without taking early loss like I didn't today. Anyway, hope you are not holding AOL, but how I wish that Accampora was correct this time so I can bag a whole bunch of it. AOL is a different story. I didn't keep track with the point I got, but there is no way in 100-acres wood that I can beat the stock by trading instead of holding it for the last couple years. Its record is much more consistent and less outbust like the rest of the internet stocks. Have a good weekend. At least now I have to hope that the market will be up on Monday. I usually am neutral going into the new week since I don't keep them stocks over the weekend. This may be fun. pooh