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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: John Trudeau who wrote (1473)3/7/2000 1:41:00 AM
From: trilobyte  Read Replies (1) | Respond to of 1762
 
Provocation to all!!

Since there's been alot of talk about market strategies,
here are a few that I think are not mentioned often
enough and will probably be disagreed with by most posters
on this thread!!

1) the past teaches us NOTHING about the future of the
market. Comparisons to tulip mania, crash of 1929, 1987,
are worthless and only feed usual intermittent feers about
stock markets.

2) one of the biggest mistakes an investor can do is selling
stock way way way too soon! You cannot be satisfied with
a 100% gain if the stock skyrockets another 500% 6 months
after you sold it... even if it does so for "irrational"
reasons. The successful investor tries to understands/predict
market irrationality! The point is, money you took out of
the outperforming stock is probably
languishing is some "safe" underperforming asset.

3) Investing is an ART! Forget about p.e's, p/s's, market
caps... it's the (future) story, stupid! That is why I
bought TOM, and why I am still holding on to all my
shares!

4) avoid penny stocks... (with some very rare exceptions:
currently, my ONLY penny stock is TOM) They are the
playing grounds of bigtime stock manipulators.

blast away, friends!

Trilobyte