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To: allen menglin chen who wrote (89086)12/30/1999 3:14:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>I never catch how you pick up your skills.

What the hell are you talking about? What skills are required to make cash in today's market? The only trick I've found that makes any difference is turning off your brain.

Just start buying calls on any momo technology stock you can find. That's it. The entire secret.

So far, it has worked fabulously.



To: allen menglin chen who wrote (89086)12/30/1999 9:53:00 AM
From: Slumdog  Respond to of 164684
 
>>Any experience investors, please add your comments please. <<

allen,

since i have been leaving the screen between ~12:30 and ~2:45 daily to walk my dog, my profits have improved remarkably!

No, my dog's name is not Priceline <g>



To: allen menglin chen who wrote (89086)12/30/1999 10:17:00 AM
From: James Thai  Read Replies (1) | Respond to of 164684
 
I'd have to agree with KIS. Just keep buying OTM calls on stocks which go up 10, 20, 30 pts a day. The trick is to figure out what's going to go up double (or triple) digits in the next day or two. How to do this? Some basic TA (like the stuff Gary Smith does on TheStreet.com - new 52 wk highs and breakouts on high volume) and some basic psychology (hot sectors, splits, earnings and self-fulfilling prophecies - i.e. outrageous price targets).
Oh, and some extremely high risk tolerance.

I started out with $20k last December, and thanks to QCOM yesterday, just crossed the 1 million mark. Small potatoes compared to a lot of people here, and I'm not exactly experienced (check my profile if you want) but I think that's been more an asset this year.. otherwise I would have stayed out of the market based on valuation.

James.