SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: put2rich who wrote (16890)1/12/1999 12:12:00 AM
From: McNabb Brothers  Read Replies (2) | Respond to of 18691
 
You need to go to Las Vegas and put all your money on Black or Red! This is not how one gets even in the stock market. Best to buy BLUE CHIP STOCKS and go to work and forget about them for years!

Hank



To: put2rich who wrote (16890)1/12/1999 12:33:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 18691
 
"Problem is I don't know I am the last to hold the worthless certificate since have to go to work and can not monitor"

Some suggestions:

1. Don't bet more than you can afford to lose.

2. I would suggest either AMZN, YHOO, or AOL, or better a basket of the three. These three are being touted as the "Internet blue chips". Be aware that YHOO announces their financial statement after the bell tomorrow.

3. Don't get greedy.

4. Set a stop loss. It's got to be loose, the 'nutz are volatile. But lately they haven't been fluctuating down that much.

5. Consider a 'safe' play. Buy the stock, sell the call. The Jan01 YHOO 320 call was bidding 206 at the close. That's a lot of downside protection. Of course you limit your upside as well.

6. Does your broker do mutual funds? There is one called 'netnet' that invests exclusively in the 'nutz. Sorry I don't know any more than that about it.

7. Remember suggestion #1

Barb