To: stock talk who wrote (10822 ) 8/22/1999 2:30:00 PM From: majormember Respond to of 59879
I wanted to personally thank you for your superb posts. I have to laugh at the irony of my first post here asking about SNRS..... yup, it did move into the 4's after all<g>. techstocks.com Back then I began following Mark when he was the ONLY TA to call for APCO to drop, when every other guru, was saying the opposite. It dropped exactly as he predicted. Since then I have come to know Mark (and his wonderful family), as a man of integrity and someone I am proud to call a friend. Exactly as you posted, I had traded up from about $10,000 to $180,000 within one year. Biggest thrill was $60G from XYBR & Wt's running 6 pts on 10k shares. I thought I was invincible. While at work all I did was trade, which my profession didn't know about. In almost all cases my trades were 10000 shares. Hell, to make big money, you have to risk big money. I have a wealthy Uncle who is a psychologist. He bought VISX at $4, and put a $100 sell price for 1/2 his shares when it hit $10. His broker thought he needed a shrink himself. He spent over a year DD the co, getting to know current CEO Logen, speaking to FDA, etc. Told me the wealthy people were ones who found just 1-2 stocks and kept them. He gave me OSTE at $21 last year. I lost $25000 buying 200 of the Nov 30 calls. Around Dec. 4th, OSTE began hitting new highs in the $40's. Do I listen to good advice?..... Recently, bought 3600 BEAM at $22, the day before it dropped to 18, then 15. Yes, I panicked and sold at 18, incurring a real loss of over $10G. Mark told me to HOLD it, it would go near $30 before end of year. Did I listen to good advice?....... Right now, I'm in your 70% ratio including debt. Going to start looking for job tomorrow....BUT, I still love the market, the action, being on the right side of a winning trade. Am I a gambler? Jeanne (Mark's wife) gave me some great advice a while back. Now, I don't have much choice but to listen. There are only a handful of consistent winners who post on S.I......Mark, Kimberly Lee, A@P, Jenna, Auric G., T.Mex (at the expense of others), and a few others. Oh' Btw, got a bunch of SNRS Nov 5 calls should the FDA overrule the ODP panel rejection<gg>. Skane