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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (22175)6/29/1999 4:34:00 PM
From: Iris Shih  Read Replies (2) | Respond to of 27307
 
Hi Jan,

Yes, I am serious about making $$$ and play small only.
My biggest long-term holding is intc. I also have some nxtl, csco, mmcn and klic in my long-term investment account. Seldom watch them though. Need to do some homework. Intc looks good and so do those semis.

I don't have any internet stocks in my long-term investment account. I started short-term trading 4 yrs ago with $25.000, my husband's so called "gambling money". Lost half of that first year by buying analysts' good picks. The second year I began studying TA to help me time entries and exits on my trades. Not bad. Earning back half of my loss the second year. Last year I started trading internet stocks and thanks to them, I am up several folds of my original capitals. In the beginning, I traded 50~100 shares at a time. Right now like you, I can afford to buy 200~300 shares of stocks I like. I pull out some profits from my trading account from time to time adding it to my investment account.

Took some profits today on half of internet stocks I own today. Will be back in tomorrow once the rate issue gets out of the way. Bought a little bit bcst, athm options on pullback today. If yhoo can break above 162 and holds, it can run to 200+ before earning.

You are very good at reading crowd psychology(CP). I believe CP is very important when trading internet stocks. So I am learning it. Still have a long way to go.

Iris