Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (51054)	4/17/1999 10:35:00 PM
From: Bill Harmond	Read Replies (5) \| Respond to of 164684

>>However, I don't think it will collapse anytime soon. It may go for a long time without making a profit, but apparently people are patient enough to wait. That's it, Sarmad. You have said it. That's why Amazon made an all-time high close Friday.

To: Sarmad Y. Hermiz who wrote (51054)	4/17/1999 10:55:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

This is for you, Jan and James: "Perspectives Weekend Edition - Apr 16 Commentary Someone asked me today if I would let them know when I see a winner. My reply? Every stock is a winner. As I have written many times, the only thing you have to figure out is what direction the stock is headed. Take a position that benefits from this analysis and, if you are right, you make the loot. Having said that, the biggest winners are the stocks that are most volatile. Those that take off like a rocket or crash downward like a bungee jumper are where the money is made. If you want to be a trader, focus on the stocks that are volatile and liquid. To be effective, you have to understand what volatility is. Simply, the more volatility there is in a stock, the greater the market's uncertainty about the earnings potential of the company. Uncertainty comes from new information that the market has to take time understanding. So, when you see a stock move from a period of low volatility, and therefore a higher degree of certainty, to a period of high volatility, you are seeing new information being priced into the stock. The market is very efficient, but it still takes some time for the information to move from the insider, to their friends, to day traders who monitor every tick the stock makes, to the position traders who look for overnight profits, to the media who write about the new information when it is released to the public, to the retail investor who reads about it in the paper. >From this line of reasoning, it should be clear that the closer you are to the start of the process, the better the chance you have to make money on new information, and volatility. That is why it pays to watch the market closely and seek out the stocks that move from low volatility to high volatility. With practice, you can learn how to find these stocks and trade them for great profits. Volatility is the key. Enough Said."