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Pastimes : Blue Cheap Stock TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Robert C. Petersen who wrote (1061)	11/28/1998 10:20:00 PM
From: jebj	Respond to of 1078

Just sort of easdropping on your conversation ref. the high flying tech stocks vs the blue chip slow and steady. If one assumes one invest in the HF'ers in the same manner as one does the blue chips I would tend to agree with your position. However, if one goes into a HF'er knowing that it can - and may - slam and be ready to get out when it starts it's downturn, one would have made more % return on his money in the last two months on YHOO and AMZN than on most of the blue chips in the last several years! :) Some daytraders have made as much as 100% return per day on these two stocks in the last 2 weeks alone - being in and out 5-6 times a day on each. Considering they are paying very low commissions on these trades, their net has been remarkable. jb