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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (44337)11/2/1999 8:33:00 PM
From: wanmore  Read Replies (1) | Respond to of 94695
 
Well, I didn't want to admit it for fear that you guys would think I only pick losers but I also bought a steel stock (BS) which has been a slight dissapointment. It seems that my value plays that I've been putting into my SEP IRA are making me look like a fool while the high risk CRAP like LWIN, NTRO, and CAMP are making me look like a genius. BVSN has an estimated PE for the next 2 years that exceeds 300 while the retail stocks (which should be doing well based on all the spending Americans are doing) have PE's around 15. BTW, did anyone get in on CELL in the mid/high 7's?

Another interesting note.....several people have asked me how to get started trading in the past couple of weeks. Odd isn't it??? The market starts falling and they come running like roaches after crumbs. One guy insisted than ENBX would make him a millionaire. When I told him I didn't know anything about the company but the chart looked like they were headed for bankruptcy his reply was "They are!!! That's why they are so cheap right now!!! When they come back it will be a $25 stock!!" I give up. Too many goofy people out there to try and fight the bull.