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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (6)10/22/2000 7:34:30 PM
From: Jenna  Respond to of 6445
 
No Gurus, nothing but your own Due Diligence

Start out researching the top Educational sites.. and books and whatever you can get you hands on that works for you is the way to learn to be a trader. There are no short cuts. Following SI threads is confusing with a potpourri of picks, ideas, guessestimates, prophecies that can or maybe won't work out but when they do its more a matter of luck of the draw. There is no substitute for someone or some website who has done their homework, experienced the good and bad times, worked in some kind of capacity on the subject and not just paper traded at home.

I would suggest zeroing in and bookmarking Barron's list of the top 10 financial sites and before you accept anyone's opinon know that anyone at all can post on SI, from my 16 year old to a wall street mogul and with the anonymity there is no way of knowing that what you are reading is nothing more than a dart thrown at stock page or someone else looking for their 15 minutes of fame, which is easy to find on SI. Check out everything before you risk hard-earned cash, whether it is this site or service or any other. Look for longevity, expertise and track record.

Take some time to learn the better books on strategies, take a course ask around, but SI is a board for discussing ideas and throwing out opinions, but without your own DD, a proper background in acceptable technical analysis you are doomed. You can not check out credentials on SI. Would you by a home on line or a pre-owned car? Would you let a surgeon who learned his craft on SI operate on you? Yet some accept trading ideas, stocks suggestions that are randomly thrown like from an express train, usually too late to enjoy the beef of the trade, and more than likely just as the stock is starting to make its correction to the downside.

BARRON'S: Untangled Web: The Best Internet

-- No. 1 Microsoft MoneyCentral (moneycentral.msn.com). Last year's
winner remains the site to beat, though not by much.
No. 2 Quicken.com (www.quicken. com). Like its perennial nemesis,
MoneyCentral, Quicken.com is a one-stop shop for all things related to
personal finance

No. 3 America Online looks better, works better and offers more
tools than ever. AOL (the proprietary service that 24.6 million
subscribers use for 'Net access, not the free Website) has been busy
this last year adding both usability and tools to its service, and it
shows. A
-- No. 4 Yahoo Finance (quote.yahoo.com).
-- No. 5 CBS MarketWatch (cbs.marketwatch.com). Our biggest gripe
-- No. 6 Morningstar (www.morningstar.com). Morningstar: It's not
just for mutual funds anymore. Actually, Morningstar has covered
stocks for quite awhile now, but this is one area that's improved
since last year.
-- No. 7 TheStreet.com (www.thestreet.com). TheStreet.com continues
to be one of the best sites for fast-breaking news and analysis,
landing in our Top 10 for the last three years.

No. 8 CNNfn (www.cnnfn.com). This is one of the best all-around
sites, excelling in breaking news, analysis and data, plus tools
borNo. 9 Silicon Investor (www.siliconinvestor.com). Who'd have
thought a site that began life as a giant message board for investors
would flesh out enough to hit our Top 10 supersites once again?
Silicon Investor has made substantial changes over the last year, and
if we were giving an award for the Most Improved, this would be it.
First, there's a streaming real-time portfolio. SI was not the first
to introduce this feature at no cost, but it's a feather in their cap.
The site has also bulked up its research department, adding resources
like institutional holdings, mutual-fund information from Morningstar
and the audio/video company news that sites seem compelled to start
offering. Silicon Investor is also available on the Palm VII wireless
hand-held now, which is a more useful feature at this point.
rowed from Quicken.com.

-- No. 10 The Motley Fool (www.fool. com). If the Web is old enough
to have Golden Oldies, here's one