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

To: John F. Dowd who wrote (7747)	9/23/1998 10:22:00 PM
From: Al Gutkin	Read Replies (1) \| Respond to of 10227

John: Take some bucks, and play around with the cycles. At this level, 20 is a deal, 22 may be too high for the near term. Looks like good support at 19 7/8, so, shoot some crap for some spending money. How to make a small fortune in the market: 1. Get a discount broker, Schwab isn't the cheapest but they are the most reliable and you can get real time quotes on several stocks at the same time. 2. Gather together a Large Fortune. A large fortune is defined as enough money to insure that you have invested more than you can afford to loose. 3. Pick stocks that cycle within small areas, like Nextel, right now that is. 4. Make sure that your TV is operational, subscribe to Direct TV sat service along with local cable. Watch all the bus. news you can absorb. Get up at 4AM so that you won't miss a thing. Note: even if you do this, you are bound to miss some news, probably the news that affects your investment in a negative way, but, what the heck, we have to loose sometime.<VBG> 5. Try to pick the buy time, anticipate the cycle and be prepared to sell below the absolute high, or you will miss it and end up holding for a longer period of time than originally planned. 6. When all finished, count the equity, it will equal a smaller fortune. How do I know so much? I have myself as a teacher, every day I laugh myself to sleep. The tear ducts have dried up months ago. Anyhow, can't complaign, I am still having fun and now making some of my big losses back......I like Cisco, Msoft, Dell etc. etc. Nextel is for instant satisfaction, the others, mostly boring but reliable. End of lesson and the I must get ready to sleep, 4AM roll call is just around the corner. Regards from Al G., never to old to learn, just to old to remember what I learned.