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 : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (8553)	11/14/1997 9:43:00 PM
From: AlienTech	Respond to of 13456

Hey any gain is better than a loss.. So just be glad that you are doing better than the vast majority of people.. I coudnt even make a buck this week.. Which is amazing..

To: tom pope who wrote (8553)	11/15/1997 8:57:00 AM
From: john p. carney	Respond to of 13456

<is my sorry experience unique? i'd like to hear if there are others on the same titanic. > No tom it's not. Although I don't play with the kind of bucks you do, I'm in the same boat. Alientech and I were commiserating this very situation on IRC channel #apmers....yes we have our own channel. 1 month ago I was sitting on roughly a 60-70% year to date gain. On Wednesday I was even. I almost dumped everything on Thursday to protect my capital, but held on and am up 10% on the year now. Phew. They say that when the last bull throws in the towel...that's the bottom. So I'm not gonna be a bull....I'm just gonna close my eyes and be a long-termer if I can stand it. John

To: tom pope who wrote (8553)	11/15/1997 11:55:00 AM
From: Bald Eagle	Respond to of 13456

<<? i'd like to hear if there are others on the same titanic. >> I'd have been better to put my money under the mattress this year! However, I look at everything as a learning experience. Just eight years ago, I had absolutely ZERO savings. In the past couple of months, I'm down about 20% on a six figure portfolio, so I'm trying to be philosophical about it. I've changed from being mainly a short term trader to mainly a long term holder. Also, I'm going to be reducing my exposure to high tech as and when I have a good opportunity to exit some of my holdings.APM is my biggest % loser right now, but it is a small enough part of my portfolio that I can live with holding it for several years if I need to. Another tactic I'm looking at to generate income is selling covered calls. Good Luck,1998 is a new year and I haven't given up on 1997 yet.

To: tom pope who wrote (8553)	11/15/1997 12:13:00 PM
From: Paul M. Rengier	Read Replies (1) \| Respond to of 13456

Tom, you are not alone. I trashed all my gains for this and last year with WDC, AMD, APM, VVUS and $-Calls. I could have bought a Porsche and a yacht.... Never mind, "wie gewonnen, so zeronnen", as we say in germany. Regards paul better luck next time

To: tom pope who wrote (8553)	11/16/1997 7:40:00 PM
From: David H. Hardin	Read Replies (3) \| Respond to of 13456

Tom; dont feel like the Lone Ranger, On December 31, 1996 I had $110,000. in the Market. I made really nice gains on APM, Innovex, Andrew Corp. First USA. and Ascend Communications to the point that in early Sept my stock account had grown to $229,000. Friday my account stood @ $121,000.(all cash, I sold everything 3 weeks ago) I'm so disapointed I'd have to reach up to touch the bottom. Now the real chill sets in. Is Saddam Hussain going to continue his attitude to UN/American weapon's checks to the point we bomb his ass again? Are the Japanese Banking problems so severe they'll affect our market? Is Hong Kong going to hell in a hand basket,or Is Friday's ralley telling us "jump in the water's fine, 8400 Dow by years end"? I never had a clue these things could affect our investments to the point they seem to be doing. I'm about as confused as a run -over dog. and as far as I can tell now, will be, as Marlin Perkins said during one of the episodes of "wild Kingdom". " Monitoring from the side as Jim Fowler gives the killer Gorilla an enema" On an up- note , I believe we'll get the losses back and be made whole , It'll just take a little longer than we'd hoped. And didn't we learn from this experience! David H.