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

To: MythMan who wrote (16152)	3/10/2000 1:18:00 PM
From: Lucretius	Respond to of 42523

i cut this one out... i'm going to frame it: Before the 10-day vacation was over he had taught himself to trade tech stocks on a laptop computer, using a Charles Schwab account. He would go in and out of some stocks daily, sometimes taking the names straight from CNBC. "It didn't seem risky to buy a couple of hundred shares," Mr. Ettinger says. "What do you have to lose if you buy shares of something that's going up?" By vacation's end he was buying 500 and 600 shares in the morning, then leaving the condo in the afternoon for tennis or inline skating. He has kept trading actively and rapidly since, sometimes rushing across the street from his school to his home office to check stock quotes. He cruises the Internet for research and analysis, although he avoids chat rooms and message boards because he feels they include too much random "noise." He holds a big position in Oracle that he will add to and subtract from, depending on how the market is moving. He says he feels "comfortable" and "in control" investing on the Web. Almost all of his stock portfolio is in technology and biotech Friday. "Even if there's a correction, I can't believe that I wouldn't have at least 40% or 50% in tech," he says.