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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (10269)	8/2/1999 1:09:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Great point, Sting. . . . HEY. . .remember my rant on margin trading? Check these out: Message 9764054 Message 9763843 Had they bought AOL long in October and sold it completely in April and bought back somewhere in Aug/Sept. . they would be millionaires by the end of the year. This is what happens when you follow others blindly. . . and why we stress learning to trade for yourself. Another factor that comes into play here is that boards like Silicon Investor, Raging Bull, Motley Fool, AOL and Yahoo all focus on the STOCKS. So those long on AOL become a sort of "family", similar to the now infamous IOManiacs. I don't hang out regularly on individual threads, nor promote hanging out there for the sole reason that it MARRIES folks to stocks. And if you marry the stock, you are more likely to hold it too long. And THAT is where you lose everything. Stock symbol message boards are a breeding place for big collective losses. So I have become "anti" individual stock message boards. . . .and have developed an antidote to this problem. . . . I will reveal it sometime over the next few weeks. Message boards are a terrific place to learn trading. . . but as feeling, thinking humans. . .each of us bring our personal baggage with us to these boards. . . . so getting "involved" in a stock may fulfill certain personal needs. . .that have absolutely NOTHING to do with trading. And THAT is dangerous to a portfolio. Rande Is