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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Trocchi who wrote (1152)	6/29/1999 9:15:00 PM
From: Jenna	Respond to of 2514

Are you really so suprised? I'm not.. Is that different from the newsletters that say AMZN +1,000% since we called it, or NTBK up 600%.. If that guy was in for a few weeks, he got lucky and probably took his money and ran. I could have a field day with that.. go back 2-3 years and pick out the best. I actually called NTBK when it was 13, but exited about 2 dozen times before finally ending up at 200. At times I left the stock for months, but it sounds good if I were to say.. called NTBK at 13 now its 200.. But what it in the middle it had tanked about 40 or 50 points and rebounded? Where does the credit you take for your pick end? That really goes for everyone shorts as well as longs. SO if CUST goes to 35 and you are holding through a 20 point loss and your were in at 35 to begin with do you say you broke even or you had a 20 point gain? I'd rather tell it like it is: I stayed long for 20 points, I lost 2 points on a short that went bad, then I gained yet another 5 1/4 after that and now I'm betwixt a rock and a hard place and expect to go long tomorrow in the morning because of this 'uneventful' news. But how can you take credit for a short when in the interim its up 25 points.. how is that different from the newsletter guy touting CUST? Now say you sold CUST and covered for 20 point loss, then shorted a second time at a later time and the stock was down 30 points. Do you 'cheat' and take the credit of the second short or do you subtract the short that went bad? You'd be surprised how important this can be if others are following your lead. That's what happens on a lot of threads.. Someone calls a stock... its down for about 1 or two consecutive weeks, then all of a sudden it spurts up and you take credit for the difference from your first call to when you 'popped' back on the thread to take the credit. I've lived all this stuff through 52,000 posts, I could write a book. My dad left me some shares of IBM 10 years ago so do I get the credit for holding it since 1970 since that is when he bought it or thereabouts.. can I say I called IBM in 1970 and take the credit for a hold. That's about as absurd as your newsletter friend.