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To: Jing Qian who wrote (2746)4/21/1999 7:21:00 AM
From: Nelson Chang  Read Replies (1) | Respond to of 7772
 
>>>Nelson, remember, the so called seasoned investors don't necessarily make big money. Because they are too wise. The market is foolish. Wise people micro-analyze every company and find faults, they bound to find one, so they don't invest. All their money goes to those "perfect" companies that end up being nothing. I rather be a dumb mule and have a final laugh with my bunch of "imperfect" companies, ATHM, AOL, AMZN, EBAY, YHOO.<<<

Your starting to sound like those annoying two guys that wear those lame hats. Don't tell me your one of those. :)

To me there are no perfect or imperfect companies, only stocks that make you money. A lot of times I trade 4 letter symbols intraday that I have no idea what their company does, or sometimes even the full name of the company.

>>>By the way, you do need the faith. Faith will keep you from selling at the worst time. Faith will keep you from selling at the better times because the faith tells you there will be even much better times ahead.<<<

Guess you do. Not me. It sounds to me that "faith" would probably keep you from selling at the RIGHT time as well.



To: Jing Qian who wrote (2746)4/21/1999 4:19:00 PM
From: JF2155  Read Replies (1) | Respond to of 7772
 
Jing--I sold EBAY tuesday to take profits only to get in LCOS and EGRP E Trade-did very well . Sold all my positions and I got back in EBAY late today because I don't want to miss a earnings runup . I suspect there are a lot of traders like me who pile on the net stocks that run up . next is EBAY
JIM