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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (5992)	2/5/2002 7:54:54 AM
From: Sig	Read Replies (1) \| Respond to of 13815

<<22.80 on smd?>> Yes, I've said I always buy high (24.5) and sell higher. Donnie is a much better bottom fisher. But I got a few 100 Crft at the bottom. Free advice for anyone 1. I've had some type of investment for 50 years and there is always more to learn. ( I have learned to dump a tanking stock in ten minutes-Tsco, Amzn, Gnss) 2. This market is h$$l for LTBH players IF they try to stay up with the news. ( Financial news is purposely tilted toward causing discomfort and churning) 3. Whenever Greenspan is scheduled to talk, one should, if not a LTBH player , sell every equity. ( My friend George has done this twice in the last few months- brilliant moves, but definitly not suitable action for everyone ) 4. Whenever the public is led to excesses the system crashes. a. Gas stations on all 4 corners of an intersection-bad news b. Glass buildings of Savings and loans all over the place in the 80's- beware. c. Silver at $50/oz, oil at $50 barrel- watch out And therefore I am still concerned about too many being invested in (risky) equities. Mr. Greenspan recognized that and tried to fix it, but the only way to keep people from putting their money in equities was to make it nearly impossible for anyone to win So today we find all the old rules for successful investment have become obsolete and people are desperately looking for new ways. Trusting a broker to do that can be a very big mistake. Beyond investing there is another aspect to success well described in Bruce Jenner's book. Try to find what you like best to do( or have a talent) set a goal in that field, put everything you have into achieving goal, associate with the best players, and discuss it with them to learn. Todays examples could be: Mr Greenspan Pres Bush Michael Dell Mort Topher Gene Autry Michael Dell would be the clearest example to look at. His goals are very clear and publicly stated and beneficial to any company using his products or system of on-line purchasing. Reducing the cost of computing is also beneficial to America since it makes it more difficult for foreign countries to " take over" the product lines. But its also beneficial to companies in Asia who produce many components, because it gives them firm and much needed contracts and stability. And on-line operations also make for better use of the WEB. Now when one is being successful, its a whole new ball game where people and customers become eager to support you, leading to more success, etc. Pres. Bush is on a roll also, getting major support, world wide, for a well-defined mission because the goal is well defined. Sig (and thats enough for today) ( I have no idea how Dell stock will do short term but its one get-out-and -go company)