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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (2334)	4/16/1998 6:12:00 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

Chris; RE" CyberTrading Rigz " You've made some really nice trades, Chris! My experience with stox goes back to when I was 16 or so - my dad and I. But up until last year, my technique was limited to "Buying TechStocks on Dips". I was really good at entry points, and I would buy MSFT INTC AMAT DELL CSCO QNTM on dips, and hold. Over the last few years, when I had some savings to put into stox, this worked very well. Then last year, the Tech Wreck cut $50K off of my net worth, and that was a painful lesson! Sarte's No Exit (^_^) So, I started all over again, from scratch. I liquidated everything. I re-read Technical Analysis of Stock Trends (Edwards & Magee). I got Nison's and Morris' books on Candlestick Charting. I got a copy of McMillan's Options as a Strategic Investment and began to learn about options. I got DATEK and Discovery/Lombard to get the RTQuotes. I started to chart indices and practiced trading SPY. I figured - if I couldn't trade (the market) SPY, I shouldn't be trading, period. I still prefer to "invest", Chris - the only difference now is that I don't hold something just to reduce my tax rate. I "trade" to stay in tune with the market sentiment. I want to make > 20% growth per year on my investments, which represent 80% of my capital. I want to make enough $ on my trading activities to make that 20% annual growth tax free. This is an interesting group of folks here. I've been on SI for a long time (used to be just Gonzo before my wife and I moved from San Francisco to Paris in DEC-96) but I never read or posted in the threads. I liked to comment on the charts. The INTC chart had this gang of wry wits posting on it: Bob (IntelTrader), Jurgen, TommyG, DolinarJanko, etc., and I fell in with them. Then the folks at SI did away with the chart-posting function, and so we started this thread simply to hang out somewhere (I was actually the "junior dude" of the group). Berney stumbled across us (he's an F/A expert) and we all fell in love with him. The thread has no focus, Chris - we just chat-n-chew... we like to post our trades to one another but, really - most of us just sit on our stocks and like to pretend we're actually traders {grin}. IntelTrader (Bob) is the only real day-trader here. Welcome to the sandbox, dude (^_^) -Steve

To: Chris who wrote (2334)	4/17/1998 2:47:00 AM
From: Berney	Read Replies (1) \| Respond to of 11051

Chris, I just want to second Steve's welcome. I'm sure you spendt as much energy as I did trying to find a home on SI. You will not find a better sandbox to play in. The co name I started when I got into the financial bus is Synectic Financial Services. Synectic generally means a group of folks coming together to discuss concepts and ideas to develop better concepts and ideas. A better audience I could not have found than on this thread. I found long ago that there is not an idea around that cannot be improved upon in 30 seconds. The folks here will definite challenge you, but are all responsible adults! Welcome, stick around, share, learn and grow! Berney