Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Wisdom who wrote (23566)	8/6/1999 11:58:00 PM
From: -	Read Replies (1) \| Respond to of 27307

Gary, I agree with your YHOO analysis, good points & nice work. Except for the next to last line - I've seen much, much tougher markets than this! I've been at short-term trading for 6 years, and trust me trading this market is like a cakewalk compared to some periods in that interval. One of the big tricks is to learn when to stay flat. This is a great time for that, unless you're very nimble - either a scalper or a seasoned swing trader. I think of it like this. I'm flat - think of all the money that the investors are losing here, that they're going to have to set in their stocks to make back! So relatively, I'm doing a lot better than all those guys - that's almost as good as making a pile of money. And I'll come back in when things settle down and ride em' back up, boosting returns. Of course, that being said I am scalping and swing trading in here with a bias to the short side for quick gains but very, very cautiously with a bias to going back to being flat a good part of the time. It's a little wicked all right! NOT LOSING is the key here. There are a lot of periods in the market like that, and once I learned to recognize them, things got a lot better. -Steve