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Pastimes : SI International Ope' Stock Picking Contest -- Ignore unavailable to you. Want to Upgrade?


To: Yellow Jacket who wrote (449)8/7/1998 12:06:00 AM
From: Bald Man from Mars  Respond to of 2640
 
<< But keep in mind that the results are based on bid price, not close. Pick
may not have moved today, and yet one shows a loss. After the first few
days this initial anomaly will correct itself except for slow movers w/
wide spreads.>>

Lesson #1: don't pick slow movers with wide spreads
Lesson #2: don't short the big cap tech stocks like the Bald Man
he shorted CSCO, DELL, INTC, MSFT - sounds like suicide picks.
Lesson #3: pick KTEL
Lesson #4: pick winners like Mr. Goldman