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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (3052)	2/19/1999 5:01:00 PM
From: Dave Gore	Read Replies (2) \| Respond to of 52051

For better or worse, richer or poorer.... in glorious black and white...no excuses. Some wanted to know this, so here it is...just remember to judge me in 3-6 months, not one week. I am not primarily a Daytrader. That's why I watch talented people like Moneymade, Joe Copia, Andrew G and H, Daniel M, Hoffy, Gary G, Wayne R, etc, etc. (sorry, I know I am leaving some out). Of course, some of them will tell you that their philosophy also resembles mine and they do not "just" daytrade. They also do careful DD. STOCKS UPDATE: Here is my portfolio in black and white. Laying in on the line...lol. My philosophy since I am a "risk averse" low stock type of guy is to pick companies that I think will do well for the long term first. Then I narrow it down to those that could also do really well short term (meaning 1 day - 1 month). My KEY IS TO BUY RIGHT, since I always expect daytraders to come in and cause "excitement" (don't mean this in a bad way) before the stock settles down again and trades on fundamental value (more or less). If a stock really runs up quick, I sell all or half, and when it comes down, I often buy more. I carefully pick buy points and try to eliminate any companies who have significant skeletons in their closet. You know...lawsuits, bad financing deals, those "printing" shares, and especially management that is not kosher or talented. I also look for companies in timely sectors with a competitive advantage or unique product when I can. First on SYCD since it is a good example of buying right or averaging down prior to news: It had lots of DT's in it and they panicked or took profits when the price started sliding about a week ago after reaching 70 cents. As a result, we longer term folks should see a very very nice return over the next weeks and months, especially if you averaged down or bought right. You will all be pleased you own a stock like this under 75 cents and hopefully picked up more in the 30's whenever it dipped. While I consider this a long term holding, because I bought right at 30-32 cents and sold most on a double, I am not frustrated too badly by the current price (even though it is vastly undervalued...imho) The MM's want you to sell, but just remember the range and take comfort. 52 WEEK (high/low) $1.80 - 22 cents, now 30-something Fundamentals great....sales and # of vendors carrying their products vastly increasing each MONTH.... $225 million market niche and they are among the top 2 leadership positions. Sy Picone is a neat guy and the PR firm is very capable and will be doing a custom mailing to a very targeted database of investors soon. take care....better days ahead.... I love SYCD, IHTL, WINR, RDIM, SLEU, WLGS, TSIG, SHAL, PMOR, and TLTG for biggest returns and safest stocks for the long term. NUKE and ITOY are more speculative but a good buy here because of major announcement(s) expected. I am also tracking stocks like CELN, NHTL, VGCP, JVWB, SFLK, etc. but either have not invested yet or do not currently own. I love TODY but am waiting until volume picks up again. Some of these may get cheaper before going up, but all are have pretty awesome potential. I am sure I am missing 2 or 3 as well. There is a lot to like out there, just a matter of buying it at the RIGHT PRICE. You need to assume EVERY stock is going to be pumped and dumped, so buy it right even if you like it long term. The stocks above are not mo mo's, but intended to be held long term. Of course if they run up big, it might be worth selling half or all and buying back (more)when they come back down. PS-- I am very excited about SHAL, one of the most misunderstood stocks out there. I would check this out soon with the SolutionNet IPO and deal with Oracle and Sun MicroSystems due to launch. Please call the CEO...it will be worth your time. At least put on your watch list....this is a core holding for a long time. Definitely not a DT type of stock. Happy trading or investing, DAVE