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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (48760)	3/10/2001 10:04:45 AM
From: prophet_often	Read Replies (1) \| Respond to of 57584

Some more advice for the new investor: Don't listen to the ANALysts, be your own analyst! Almost everyday at work I will hear someone say: "Wow, XXXX is a great buy right now" I ask them "What makes YOU think so?" The response is almost invariably something like "An ANALyst just upgraded it to a buy with a price target of $1,000" I tell them "Don't listen to the ANALysts, be your own analyst. ANALysts upgrade stocks at the top to unload and downgrade at the bottom to accumulate, happens all the time." Even the company we work for was upgraded by an analyst less than a month ago when the stock was at a year high of 17, today the stock is at 9. So the message to new investors is: do your own DD, so that YOU can determine when the stock is overvalued or undervalued, in relation to its peer group, current and projected growth rates and the current market environment. Take a class on how to read a financial statement. Don't just jump into stocks without taking the time to educate yourself. If you don't have the time, you should be in mutual funds. If you are going to manage a portfolio of individual stocks, you better know everything there is to know about them. Don't be a blind sheep! Prophet Often

To: Rande Is who wrote (48760)	3/10/2001 10:55:49 AM
From: George Schulte	Read Replies (6) \| Respond to of 57584

Rande Thanks for your wonderful post I am one of those new investors started trading with Ameritrade working with 200,000.00 100,000.00 of which was on margin last year at this time I was up 70,000.00 but I guess lack of expierence and stupity I today sit with a 80,000.00 margin balance and liquidation value of 59,000.00 afraid to sell and afraid not to I was always told do not sell when the market is trading at a all time low but every time I say that a stock can not go lower it does I said that about CSCO at 39.00 now it is at 20.00 I know the mkt will turn but what is your beat advice to someone such as me If the NAS goes to 1500.00 I will have nothing left to ride the next up movement If I cash out now and the mkt goes to 1500 I would have some $$$$ left to hopefully get some of my original investment back for an idea of my holdings they are as follows all under water AMCC ARBA BEAS CSCO GLW HD JDSU JNPR MEDX NOK NT NTAP SEBL SUNW TXN WMT I feel they are all good co but now showing about a 85,000 loss any help from anyone will be appreciated George Schulte