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 : Let's Make REAL MONEY (Big, long-term cap. gains) -- Ignore unavailable to you. Want to Upgrade?

To: BenYeung who wrote (56)	12/20/1997 8:43:00 PM
From: Sandra	Respond to of 135

Ben, I too am a NWCI shareholder for the long term, I feel that the management is superior and the growth will be very rewarding for investors in time. I have been invested in GE, and add to it whenver I can, as it is in my opinion the best diverified stock in the market. I also have had a long standing position in CNS, and feel that the management and growth will be in tact for the long term. I would also have to put RECY on my list now too, the management being superior, and the growth being fast and accretive to earnings. Within the last three months I have tried to be a trader, it hasnt worked out well for me. So I am back to trying to find quality companies that I can invest in for the long term. Sandra PS: Great Thread Don!

To: BenYeung who wrote (56)	12/22/1997 3:59:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 135

Ben: I don't have any "inside info." but having been a broker and well trained at a major NYSE firm - I understand how some things work. I too read Ney's book many years ago and found it interesting but not earth shattering....I'm not sure if the specialists can still have two Accounts but, thats' not the whole point. If you try and trade against them - you do not see their "hole cards" so to speak, but they see yours. Your limit or stop order is in his book!!! Somewhat the same is true of major market makers in NAZ stocks. Good traders, particularly those in the "block dept." KNOW where all the stock is in the company they trade....they know who wants to buy and at what price and who wants to sell at what price. These prices are changing all the time, of course, but the trader is on the wire (computer screen) all the time - trying to Buy at the bid and sell at the asked. That's simply how they make money for themselves and the firm. Suggest you read "Liar's Poker" - about bond trrading at Solly (also about M.Milken). Best Don