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 : 1998 Magic 25 -- Ignore unavailable to you. Want to Upgrade?

To: Cornstock who wrote (70)	12/12/1997 11:32:00 AM
From: Trippi	Read Replies (2) \| Respond to of 116

I strongly urge folks to use this market weakness to begin accumulating the Magic25 stocks they are interested in. You don't have to jump in whole hog -- but pick up a little now -- then as you become more confident either add in some more of the same stock -- or spead your risk a liitle in a few months by adding in a new pick that you see promise in -- I started last year by buying 4,000 shares of THQ and 2,000 of URMD then gradually sold URMD (it was one of the dogs) and gradually added to THQ and BTIM as the year progressed -- at year's end I had 15,000 shares of THQ and no URMD and 121% gain for the year playing the Magic25. My advice remains to start early with 3 - 4 of the stocks -- pare off any dogs and add as much as you can to the winners -- some of these stocks (just as with THQ) have small floats and will move away from you very quickly. TRIPPI