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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: SHGLaw who wrote (7229)1/12/1999 6:21:00 PM
From: Paul A  Read Replies (1) | Respond to of 90042
 
heh.. your right sorta I guess.. I dunno.. my fight with the internets is more of an emotional one.. It took me years to learn how to 'take a loss', and now its going to take years to get emotionally stable to trade stocks that have 100 point swings on a daily basis and develope a trading pattern that can be semi consistent..

After a beer or two I can actually sit back and justify some of the ridiculous prices afforded to these companies.. I mean, it is for real theres no doubt.. and even more ironic is how I can sit here blasting them to pieces, yet the second one of those CNBC bozos starts the anti-internet b.s. I have to turn them off.. If not for internet stocks, alot of people here couldnt have gotten the leg up on the big boys.. They are still crying over that which is real annoying.. like our friend joe K or ron.. how did they get those jobs anyhow?!?!

I have a hard time with emotions, and its always been something that kills my profits.. ill give it one more 1/8.. ok just 1/16 more.. damnit! but with the internets, you need to set your mental stops by 10s rather than 1/2s and thats scarey..

take what I say about internets for what its worth.. not much.. as much as I bash them, I keep trading them.. BCST, CMGI, AMZN.. cant get any more insane than those eh? not to mention my buy of EGRP at 103 on a day the naz. was getting smeared.. although I did make $71.90 profit on that 20 second trade.. Do that 10 times a day :)