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To: Beltropolis Boy who wrote (335)8/28/1998 6:01:00 PM
From: Petrus  Read Replies (2) | Respond to of 1169
 
RULES

SELL THE LOSERS & LET THE WINERS RUN BIGTIME
WINNERS TAKE CARE OF THEM SELVES
FOLLOW A FEW STOCKS WELL
LOSERS DEMAND CAREFUL STRATEGY
HEAVILY MARGINED - HEAVILY WATCHED
IT IS BETTER TO AVERAGE UP THAN TO AVERAGE DOWN
AVOID HEAVY POSITIONS IN THINLY TRADED STOCKS
AVOID OVERTRADING
WATCH OUT FOR BLOCK TRADES
BUY WHEN THERE IS BLOOD IN THE STREEETS
LOOK FOR DIVERGENCE IN TRENDS
INVEST IN WHAT YOU KNOW BEST

TIMING
DO NOT TRY TO TIME THE MARKET

THE STOCK

BEWARE THE PENNY STOCK
BUY THE STOCK THAT SPLITS
GOOD COMPANIES BUY THEIR OWN STOCK

TRADING
TAKE A LOSS QUICKLY
BUY LOW SELL HIGH
BUY HIGH - SELL HIGHER
BUY ON THE RUMOR - SELL ON THE NEWS
SELL HIGH - BUY LOW
VALUES CAN BE FOUND BOTTOM FISHING

ORDERS
IT IS BEST TO TRADE "AT THE MARKET"
BUY ON WEAKNESS - SELL ON STRENGH
GIVE STOP ORDERS GIGGLE ROOM

SELLING
NEVER GET MARRIED TO A STOCK
PARTIAL LIQUIDATION MIGHT BE THE ANSWER

THERE ARE AT LEAST TWO SIDES TO EVERY STORY

BE WARY OF STOCK IDEAS FROM YOUR NEIGHBOOR
GET INFORMATION BEFORE YOU INVEST, NOT AFTER

WINNERS KEEP ON WINNING

ACT QUICKLY - STUDY AT LEISURE
USE MARGIN FOR LEVERAGE ONLY

THE PERFECTRFECT HEDGE IS SHORT AGAINST THE BOX

NEVER SHORT A DULL MARKET
NEVER SHORT THE TREND