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Pastimes : DD's DD -- Ignore unavailable to you. Want to Upgrade?

To: Chris O'Keefe who wrote (183)	11/8/1999 1:43:00 PM
From: Due Diligence	Read Replies (2) \| Respond to of 2080

Me? 10 to 20 on average. FWIW. Kind Regards, DD

To: Chris O'Keefe who wrote (183)	11/8/1999 1:50:00 PM
From: Jim Bishop	Respond to of 2080

At this moment 21. LOL, but of those, 6 are Canadian longer term holds and good companies, 6 are mistakes from last year that I sit on because I got greedy and let winners turn into losers, the rest are either "in play" now, or waiting for short term impact dates, filings, or earnings.

To: Chris O'Keefe who wrote (183)	11/8/1999 1:58:00 PM
From: Sprintcar	Respond to of 2080

At the moment I hold 10BB stocks. My view on most is there is no such thing, as a long term hold on a BB stock. Of coarse there is an exception to the above, but it has to be some dynamite BB, and they vere rarely come around. Positive Earnings for many quarters, reporting, quick ratio must be positive, working capital ratio must be positive, etc. etc. sprintcar

To: Chris O'Keefe who wrote (183)	11/8/1999 2:29:00 PM
From: mark collins	Respond to of 2080

Chris, I usually hold only three-five at a time and go for momentum. If I lose more than 50% on any stock and it has happened I will hold that stock long term and see what plays out.

To: Chris O'Keefe who wrote (183)	11/8/1999 2:50:00 PM
From: Catfish	Respond to of 2080

Chris, At one time, I had a philosophy of loading-up on one stock, but one loss($100,000) caused me to change my strategy. I used to buy $10,000 to $30,000 of one stock, but no more. I try to buy at a bottom and sell after a bounce higher. I do not hold for long term. I take the profit when it is there to take. Many of my profits are only 30% to 50%. I may hold between 15 and 30 stocks at any one time. The riskier stuff, I buy less of. Example: 10,000 shares of a .10 stock is only $1000, so if it doubles, you make a $1000. But, if it crashes, you can only lose $1000. Buying and selling the same stocks helps. That way, you are familiar with the trading pattern. Plus, I always try to have cash available to buy a stock that might be a hot mover. I try not to overbuy in case I need to average down, or the stock has disappointing news. Try this source below for picks. No momos, but solid picks. I have followed Gary for years, and he has had a few "home runs" in his selections if you are patient. He had a newsletter at one time, but he now sends it out by e-mail for free. selectmicros.com

To: Chris O'Keefe who wrote (183)	11/8/1999 6:08:00 PM
From: Matt Brown	Read Replies (1) \| Respond to of 2080

Chris, Little late to the partay, but this is what I did.. I was in the same position as you..When I first got in the market..I saw the cheapness of BBs and said.>heck, forget the INTC and MSFTs of the world..I'm going for the BBs.. Sure, better % returns, but most poeple have the mindset, like I did a few years back that it was all UP..that is just how stupid I was... I lost a butt load of the money I had worked for over the past few summers (@ $5/day!!) so you can imagine how ticked I was...I lost quite a bit then figured out what I was doing.. I revaluated what I was thinkng..slapped myself around a few times and was like DUH! I put what I call my "core" holdings into companies like QCOM, recently ISLD, APPL, CNET and a few others...They were stable, but yet fun tech companies..and proved well I kept about 25% of my portfolio for BBs. They can teach you so much about psychology, how the market works, and every corner you would wanna know...I learned how and why things happened and the psychology (most important) behind it all and started making some gains....I'm not perfect or rich, but I have been doing much better since...The key is to get in before everybody else does..Sounds impossible? Nope. Just don't listen to a newsleter of a person you don't know or one that is out to momo play it all... DD or Jim Bishop are good, well, great people. They tend to sense stuff early. DD has done awesome for me lately. I capped my team a long time ago so we could get in stocks and not move them. I actually kicked people off to stop momo plays from happening...Why? Because everybody couldn't make $$ of the club play.... So, if I could offer anything..I would say put 60-75% in solid stuff and leave 40-25% for play stocks (OTC BB) because that is all they are..play...gotta love em and leave em...get in before the crowd...and look at the charts..if the chart has a woody stay the heck away from it dude..that sounds like what you were doing (and what i used to do)...i was like..woody! whooo hoo!! must be an 'exciting' stock <G> Hope that helps..and remember..I'm not the brightest guy in the world... And never put EVERYTHING into one stock..insane!! BUY WHAT YOU BELVieve and understand bubba!! Peace, FM