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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (14236)	3/2/2000 6:13:00 PM
From: pater tenebrarum	Respond to of 42523

SF, i'm doing exactly the same thing...only i buy the REAL rockets on the otc BB. of those i have already sold, my WORST performer made me over 60%...i kid you not. and that's only because i failed to hold the stock one day longer, by which time the return would have been 150%... only three out of some 100 different stocks i traded have so far have proven to be duds (i still hold them at a paper loss). in the beginning, i had to carefully pick them in order to find the winners, and it was slow going in some cases, i.e. i had to be patient. now, i just scan my universe of stocks every day for technical buy signals, and when i get them throw money at the stocks in question shortly after the open, and it's like shooting fish in a barrel. utter junk is being bid up at incredible speed with unwavering regularity. i still do some DD of course, trying to make sure i don't buy something that's bankrupt or stopped reporting a year ago...but i'm beginning to ask myself if even that is not too much of a bother. being bankrupt seems in many cases not to be an impediment to a stocks performance. this is well and truly a mania unlike any before it...surely this must be one of the most glaring signs yet that it must end soon. of course almost every value stock i still hold has turned into a loser...degrees vary, and there's the occasional exception, but overall they're at best dead money. o.k., i get dividends while i wait... LURKERS BEWARE: this is NOT a reco to emulate me...be aware that when the fit hits the shan, these stocks will get NO BID. the otc MM's don't even have to accept an order if they don't want to.