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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (84411)2/24/2000 12:35:00 PM
From: Jerry Olson  Respond to of 120523
 
Hey i hear ya Sue....

the daytraders they are talking about do not, and did not have a clue...about anything..

it takes years of hard work to even read and understand a chart...

it's taken me 2 years to fully understand P&F...

so those traders that lost their shirt were just plain stupid for not taking their time...

i do not blame the daytrading firms...no one held a gun to anyones trigger finger...



To: Susan G who wrote (84411)2/24/2000 12:41:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
<LOL> I hear you Sue... that's why anytime someone asks me about anyone who's actually succeeded here in this market, I point your way. I still remember when you used to buy 25 shares and making a killing anyway. <VBG> Lots of hard work as you know... I've burned quite a few barrels of midnight oil myself, and you were right there with your day job to boot!

:))
SF



To: Susan G who wrote (84411)2/24/2000 12:45:00 PM
From: Adelle  Respond to of 120523
 
OT> Susan, totally agree with you! Why did they only hear testimony from the losers....why don't they come here to this thread and ask us?? If one adds some study time, both FA and TA, how can one lose in this market?? I've beat any mutual fund out there with my limited knowledge and the help from Jenna and this thread...and I know there are many others here in the same situation. Yes, we boo-boo and miss timing here and there, but overall...wow!
BTW, hi everyone!



To: Susan G who wrote (84411)2/24/2000 12:49:00 PM
From: Lane Hall-Witt  Read Replies (3) | Respond to of 120523
 
LOL! Remember a year or two ago when Tiger Management lost $700 million shorting Internet stocks? Well, guess who has that money now? That's right: us! The pros are absolutely desperate to drive retail traders out of the game, because they can't keep up with us. They simply don't understand the "alternate rationality" we've brought to the market: trading as a psychological discipline (anticipating buzz), rather than a traditional valuation discipline. And they can't move in and out of large positions without traders swooping in and stealing their thunder. There's no way a money manager throwing millions or billions of dollars around can compete, as short-term traders, with nimble retail players who trade small lots.