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To: Slumdog who wrote (95892)3/9/2000 11:43:00 AM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
I find that having a clear picture of the future of a sector, or a company within a sector, helps me ignore ST volatility in favor of LT gains. I have that picture for b2b and specifically arba, cmrc and vert within that sector. But I don't have the background to have developed that kind of confidence for biotech. fwiw.



To: Slumdog who wrote (95892)3/9/2000 11:51:00 AM
From: Danny  Read Replies (1) | Respond to of 164684
 
D.Taylor, I completely agree with Rob's B&H for long term
strategy. I also believe trading makes big money, but only
investing makes you rich.

Last year, I bought in ICGE right after its IPO debut at
low 10s, sold them at mid 40 and thought I made a killing,
only to find out that I have to buy them buy at 110 (all
number split ajusted).

The price for a lesson is high on Wall Street


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