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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (2374)	12/20/1999 8:42:00 AM
From: Jon Scott	Respond to of 19256

Few stocks move straight up. I try to take advantage of that given by following the simple rule of buy low/sell high throughout this common cycle. It's hard to argue against regularly picking stocks that move up 50-100% in a few hours or days. You are correct in the disadvantages and dislike of frequent trading. It's time consuming, burdensome, stressful, and tax-unfriendly. That is why I am also offering a reduced service for investors who don't care to stare at quotes all day. It will include long positions as well as regular updates, sent after the market is closed, of what I am buying and following. My only personal dislike of long positions is that they tie up funds while riding out the market trends. But every portfolio should have its share of longs.

To: Jack Hartmann who wrote (2374)	12/20/1999 8:52:00 AM
From: Jon Scott	Read Replies (2) \| Respond to of 19256

One other point. Most small investors shy away from a high-priced stocks. I'm not familiar with Steve Harmon's picks, but I'm guessing many are/were. There's the common notion, which does have much merit, that you lose leverage with high priced stocks and they fall further. Of course the argument is they are priced as they are due to market forces. For true long picks, I look for potential leaders in the next hot arena. IATV is one frequently mentioned. That's a triple digit stock in 2000.