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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: GW who wrote (45617)	1/15/1998 3:21:00 AM
From: uu	Read Replies (3) \| Respond to of 186894

GW: While I agree 100% with you on today's negativity on the tech sector as a great opportunity to invest, I have a strong feeling this negativity is going to increase dramatically within the next 2-3 months before changing to positive. Therefore I believe for now trading (rather than investing) is the best approach if you want to make some serious money for the next 3 months or so. While I am a strong believer of the concept of long term investing I have also come to believe strongly that in the long run we all be dead! Therefore in a volatile bull market that we have right now with wild and crazy swings the best approach is to become a trader (for the next 2-3 months). As much as I hate being a trader (I have been a hard core investor - rather than a trader - for the past 12-13 years) I have come to strongly believe that at this time and point being a trader (rather than an investor) makes much more practical sense. I am very ameture at this but after 3-4 months of studying and following in detail the volume, and market psychology I have come to kind of like being a trader (too bad I have my day job to worry about)! All you need is the following: 1. CNBC 2. Three PCs, with one showing you the live quote and volume, another one showing you the latest stock and market news, and the third one to be used for surfing various stock discussion groups (with SI being perhaps the best) in order to get info and/or sentiments. 3. At least $70K-$100K to be used exclusively for trading purposes (do not go on margin). Just follow 3 or 4 heavy volume stocks (such as INTC, ASND, AMAT, TXN) and buy a bunch and sell with every 3/4 of point upward movement. 4. And the most important part of all: Lots of time (i.e. this should become all you do all day long)! Regards, Addi Jamshidi