To: Pancho Villa who wrote (3639 ) 12/8/1997 2:30:00 AM From: tech Read Replies (3) | Respond to of 10786
Pancho, good luck with your short. However, I would suggest you not aggressively short to many of the Y2k stocks after mid Q1 of '98 I feel that the whole sector could move up 20% to 30% by Q2. I still do think that the best way to play ALYD is to trade it. Some people may think that trading is not easy, but in reality it is the easiest thing to do. All you have to do is to let go of your greed and pick a sell target and SELL Buying is easy, it is selling that most people screw up on. They let their emotions take control and keep holding on in hopes of being part of a "moon shot". They read some of the HYPE on these SI threads and talk themselves out of selling. Emotions are the mother of all handicaps when it comes to the market. You don't need a level II or any Pepto, you don't even need to quit you job. All you need to do is pick a price and stick to it, and if the stock is not moving like you feel it should, then don't be afraid to pull the sell trigger. There are those on this thread who think that holding ALYD is called investing. I tend to call it foolish. Anyone who would have traded ALYD in the past 12 months would of made, at the very least, 200% more that those who "invested". You "invest" in companies that have positive earnings and have shown consistent profitability. You "speculate" in companies you hope will have such. Anyone who considers holding ALYD as "investing" has quite a few things to learn. You often will make more money on the pure speculative stocks, that pan out, than the ones that are for investment purposes, however those who trade on the ups and downs while they are speculating will always have the advantage.