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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Dave Triplett who wrote (18597)11/15/1998 10:39:00 PM
From: Jerry Olson  Respond to of 120523
 
Hi Dave

this is a thread where YOU can become rich...the amount of investment capital isn't that important.. Each and every person has his/her own level of pain/gain...

But you could never find a better trader anywhere than Jenna...subscribe & watch and learn...this is truly a remarkable metamorphisis in progress...

i'm just sorry I can't contribute more my self...The fall is so busy in New England for my Construction co...

Start slow, trade 100 shares or whatever, no options, and you'll gain confidence each and every day..

Good Luck, Jerry



To: Dave Triplett who wrote (18597)11/15/1998 11:26:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Dave.. just the opposite.. seems like last two posts have hit on the exact opposite of what is going on here!! and from posters that have never posted here before. It's really funny because I've been 'living' off of cheap stocks in the last two months and have constantly touted the profitability of those 'beaten down cheap stocks'.. a large majority of stocks I mention are in the 7-20 dollar price range.

If they get into the 30 buck range its usually AFTER I've called in while it was still a 20 dollar stock. I rarely mention high priced stocks, so I don't understand your question. There are other threads that post watching list almost invariably including the IBMs, MSFT, GM's and GE's and other expensive stocks. So either you just happened onto this thread for the first time or are confusing us with another thread. I'm going back to do my watch lists now so unless you have a 'complaint' that is valid and based on being a follower of this thread more than 3 minutes, I probably won't even bother to answer.



To: Dave Triplett who wrote (18597)11/15/1998 11:54:00 PM
From: Bogeey  Respond to of 120523
 
I began trading with only $7000.00 and that was in the middle of September. Helluva time to get in, and after overtrading, ill timing, lack of proper DD, and overextending myself on margin on daytrades, I found myself with less than $2000.00 deep into October. But guess what? A 100 shares of MSPG at 27.25 and a hundred shares of NSOL, and a 500 shares of AMMB and so on...and I am approaching being on the plus side. The point is that it is not $$$$$ it is %%%%%. This thread has given me some great picks and most importantly a lot of good lessons.



To: Dave Triplett who wrote (18597)11/16/1998 3:11:00 AM
From: Jess1  Read Replies (2) | Respond to of 120523
 
Dave,

I have to agree with Bogeey and Options Jerry. Last January I began to invest in the market. By July I had invested $14,000 of my own money in stocks. And much like Bogeey, for some of the same reasons, by mid-october I was down to $3,000 and wondering if I should just get out of the market all together. Then, while researching a stock I stumbled onto Jenna's market gems thread. At first I wasn't too sure these folks knew what they were doing so I just watched. After a few weeks I began to get some confidence in Jenna's picks, and began to trade one stock at a time. After trades in AMMB,MSPG,GTW,MACR,NMGC, ect., today I am at $8,000 and climbing. So, its as Bogeey says, its the percentage gain that matters. Jenna has been wonderful at picking stocks that are generally considered cheap. I believe many of Jenna subscribers are like me and have less than $20,000 to invest. Its all in what you are willing to risk. To me $8,000 is quite a bit of money, to you this may just be pocket change, but Jenna's research greatly increases your chances of picking a stock that will go up in price instead of down, so that we both can profit from it. Some other posters are incredibly good stock pickers also, you learn who to pay the most attention to, and all are very helpful. This is a great thread for anyone who wants to make money in stocks and I feel quite fortunate to have found it.

Good Luck, Jess



To: Dave Triplett who wrote (18597)11/16/1998 8:27:00 AM
From: Paul A  Respond to of 120523
 
deep pockets? heh.. 30-40k? Wow.. I must be poor than..

When I first started trading, everyone told me you need 1-200k just to start. Let me be the first to tell you that I have been doing this now for quite some time, with consistent profits, and im proud to tell you that any time my account exceeds 30k I pull profit. I never buy more than 300 shares of ANY stock (unless I had a great week and will try a few 500 share trades), no matter the price, and typically do 10 trades a day.

On Friday I did 3 trades.. DELL, EWBX, and HBOC.. My profit for the day was a bit shy of $400, and this was made with about $15,000 per investment (only 1 at a time). A 2.75% return in one day is nothing to sneeze about, but to be honest on a weekly basis that $ amount would get trimmed due to losses but my point being you do NOT need a ton of money, in fact- $10,000 would be more than enough to start. Than you start building long term investments as well.

welp enough preaching.. im small potatoes but I have heat, hot water, and electric.. Im not rich but making a comfortable living trading. Nobody should ever be forced to believe that you need 'big money' to play this game.. if you dont know what your doing, youll just loss all that big money in the end anyhow.