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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (11758)12/27/1998 3:10:00 PM
From: KZAP  Read Replies (1) | Respond to of 29382
 
IMO the "herd" is jumping onto every internet stock they
"find". So sooner or later they will have gone through them
all. So what I'm doing is buying everyone of them I can that has
the most potential. I miss out in one way but make it up
by getting a little of all of them.
I missed out on AOL AMZN & EBAY but have since caught
many of the biggest movers BAMM MZON NAVR and some
I'm still (what I feel) in the middle of their movement GEEK
SKYM EGGS IFLY ECHO.
I know I'll miss some, but keeping my eyes and ears open
for what appears to be the most logical to move up.
I have been studying some successful investors from the
past, and I have been breaking several of their rules. But
this Inet situation in unheard of. Their books and writings
just don't cover what is happening now. Except to say
don't daytrade.
An example: I bought GEEK @ 15. Had I sold when it
dropped to 12, I would have missed out when it went to
$45. Near the same situation with NAVR, ECHO, IFLY,
SKYM, BAMM and so on.
Even with what stocks I bought a few weeks ago and
thought I had made a mistake on judging their movement,
are now in the black.
IMO half of Wall Street wants to curb the monstrous
gains of the Inets, the other half is in on it and loving it.

Not allowing margins on certain stocks is to curb the
quick runs of those stocks. But they will have to update
their list after this week, IMO. Maybe they already have.

Happy investing!