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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: ColtonGang who wrote (15461)10/10/2000 4:49:32 PM
From: BuzzVA  Read Replies (1) | Respond to of 60323
 
IMHO, the skinning of the individual investor is taking place right before our eyes. A few below-forecast pre-announcements by some major names (i.e.DELL,etc.) and the sky is suddenly falling in. These things feed on themsleves and before you know it, your gains have been wiped out.

Then the braintrust at these brokerage firms put out their "downgrades" [read: time for their real good clients to buy] AFTER the stock has already been clipped 50%. Who do they think they are kiddding? Obviously, lots of people, or "pigs" as they affectionate call those about to be slaughtered. It's a crime. Know their game people and use it for your own benefit. Once I stopped watching CNBC, reading Barrons, etc. I began to do well. You have to act as though they are your enemy. They want your money, your shares, your peace of mind. Don't let them have it. Limit the use of margin. Don't be greedy. Buy leaders in growth markets, like SNDK & SSTI. They will ome back. I learned my lesson in previous corrections. Experience is never free.

Sorry for the rambling. Good luck and stick to your guns!
Buzz