Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: rusha99 who wrote (61896)	11/4/2000 1:56:03 PM
From: Anthony@Pacific	Read Replies (4) \| Respond to of 122087

Its natural to have growing pains as you learn ..this is great market to learn in if you can survive..but the key is allocation and patience..many subscribe to the daytrading ..and buying the dip mentality..and thats one thing I will participate in on occasion ..but for the most part that is not how I earn my money..i do it by taking positions like I did in GSTRF andf others like it Before I left , I called PCLN a short at 35 and it ran to almost 50 after I called it and enterd into a short..but then in 3 1/2 months it was 5 or less...That is what this game is about.. Its not about looking great in 2 nanoseconds from getting in..because..you need to enter slowly and small and build as it gains strength..there are novices out there who are simply too stupid and too clumsy to recognize what that ,means.. you will see them talking aimlessly to themselves and harping on short term market fluctuations, and easy long money , but if you ask them to show the proof,,they didnt even ride the easy money they only talk about it..yet these peopel are the same ones who jumped into so many deals so early and got killed like SBTK, ECNC @ 10 before it ran to 20 and many many others..they didnt make any moeny or they simply didnt make as much because they dont understand the mkt Having been a mkt maker, I have ridden a short from 11 to 60( ADSP ) , from 17 to 38 ( SOLV )and from 30 to 200, from 12 to 38 ( QGLY ), from 60 to 90( KIDE )from 48-97 ( ETYS ) ( PRST )only to close out the position at a profit in the end...THESE are the same people who were screaming that I was crazy for shorting KIDE and ETYSn last year at this same time..and that I should go long..yadd yadd yadda yadda..they only confirm their idiocy in 2 -3 short months...In the meantime it hurts & may even be a bit painful but but in the end ..i mnade money or learned a valuable lesson..Most likely both ( I cant pick the top or the bottom in most cases but I can ride the storm whether will this mkt go..to 4500 or to 1500..its anyones guess..But that doenst matter on the real turds they all end up at the same place REAGRDS, Anthony