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 (50225)	4/8/2001 11:04:12 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

With so many "Blue Chips" rapidly becoming penny stocks, we might have to change our policies about discussing stocks under $1.50. . .LOL! At the current rate of decline, all stocks could be penny stocks by Christmas. Anymore. . .no stock is immune from the haircut of bad news. Remember when we questioned the concept of Blue Chips? Here is a post from the past: Message 14400762 The words "safe investment" have become an oxymoron. And that is why we must all learn to be better TRADERS than we are investors. And that is why we have always maintained on the HOME thread that EVERY investor/trader have a balanced long portfolio with bonds, cash, foreign, funds, etc. . . .which is their MAIN investment, which you never watch. . . . with all else being supplementary to that. . . and that active trading occur in an entirely different brokerage account. . . which is the one you measure and watch. On the other hand. . . .I have a friend who thanks me every time I see him for hounding him to sell all of his Lucent last year . . against his brokers advice. He had been hoarding it for a number of years and got out quite high. . . . and as he then watched it sink slowly into the blue waters he kept saying, "I thought Lucent was a 'Blue Chip'". . . .as though there is something magically safe about that distinction or moniker. Rande Is