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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (2406)	1/21/1999 7:11:00 PM
From: TEDennis	Read Replies (2) \| Respond to of 2761

Stephen: Re: what negates the "TED Effect" ... Good question. Currently, I have 3 college students studying that on a multi-million dollar government grant. They're studying every trade I make, and every SI post I write. Unfortunately, the sampling size is quite small, so it could take several years for any meaningful results to be published. From past experience, I can tell you that the "effect" plays a waiting game with me. Stocks back off within 3 days after I buy. Then, they either just sit there and dare me to sell, or they continue to erode a bit, trying to force me to sell before it goes lower. Eventually, the stock wins, and I sell at a loss. You can count on some BIG increases soon after that. The frustrating part to me is that when I just THINK about buying, but don't ... the stocks go up. And, of course, if I just THINK about selling the stocks I own, but don't, the stocks go down. Geez. You can be the first on your block to own your very own hard-backed copy of "How to profit from the TED Effect", by sending $79.95 electronic dollars to my email box. Have a really swell day ... TED