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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (1973)5/6/1999 11:49:00 PM
From: mark garner  Read Replies (1) | Respond to of 2662
 
this is one of the few times i have
traded an internet and lost. i cut my
lossed on these very quickly, especially
if the market is headed in the wrong
direction. just yesterday i made 20% in
another internet - NETG. luckily, i have
made anywhere from 15% to 100% sometimes
daytrading sometimes positionally trading
for a couple of days.

the internets are getting harder to trade.
but, i guess the best thing is not to try
to pick a bottom but let the market find
the bottom, wait for it to turn, and ride
it back up.

in a stronger Internet/tech market, i bet
TFSM would have risen 35 to 50% the past
2 days. oh well, i will continue to keep
an eye on it as it has been VERY good to me
this year

Take care Jeff.