To: LastShadow who wrote (3482 ) 10/22/1997 11:46:00 PM From: AlienTech Read Replies (1) | Respond to of 120523
LS no matter what you say I dont think any of us would ever think you were intruding, I gain great insight from your thoughts. >>If I could gross $300k a year doing this, I would do it full time<< Ah but my friend, it is possible :) it is very very possible.. The trick is in not finding out great stocks or TA or FA or what not.. The trick is in finding out the game plan.. I have posted some of the things I see, I usually loose a bunch on them but someone deciplined, smart and the balls can make a killing on it. The big money is not always right, but it usually pays a lot more following on their heals than going against them. And buying PUTS/Shorting is the fastest/easiest way to make the big bucks too.. For EG.. When CYMI went down you should have picked up on the fact that the entire sector was going to get trashed no matter what. Knowing the fact that there is nothing wrong with CYMI or their sales (which we will find out about on friday when they release earnings, or LRCX when they said today that the sector is strong and they dont see any slowdowns). Heck just buying puts on a few of those companies alone would have been worth 400-500% in the past 3 weeks. ps.. Although some of you do real good work, I think you are all spending so much time and effort finding out companies instead of finding out what someone in the back is going to be doing to those companies. When I actually followed up on the little bit of info I gleammed I made like 150% in a month, Ofcourse investing in great companies like INTC/AMAT etc dropped that gain back to nothing right about now :) Hope the darn flu or whatever is not going to be moving from sunny ca due east.. Half the people in my group were out today and the rest including me are going to be out tomorrow with it.. and I dont day trade :), I minute trade to pay for lunch cause its better than not eatting and its usually boring staring at a screen all day long.