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Coolmom

01/30/04 12:21 AM

#280 RE: tomTrific #279

Tom: I have both a broker for my investments, and I play with
these stocks on Ameritrade. But my broker has made some really dumb decisions, I don't listen to them anymore.
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catman

01/30/04 1:43 PM

#284 RE: tomTrific #279

Tom....I trade Level II...
Charlie Schwab is my broker....I'm getting KILLED on the
fees but I'm getting more support there than I can
get ANYwhere else ! If you figure their advice has been
worth 100 bucks an hour...a cheap rate in this business...
then ALL my trading has been FREE !!!
I DO have to figure in the fees though....once a stock
drops below a BUCK I just get KILLED ! I'm not afraid
to "JUST" make 2or3 hundred bucks on a trade if I think
it is going to crash if for no other reason than to protect
my capital. I'd rather eat a 40 dollar fee (I figure 100bucks
a turn around) than sit and watch 1k evaporate away. I sell
and hope that I'm right and it continues to DROP low enough
to justify a reentry cheap enough to SAVE money and make up
for the fees. I get whip-sawed a LOT. On the OTHER hand
I'd rather get whip-sawed out of a deal and have to re-enter
at a HIGHER price if the stock is going to RUN.
WHY OH WHY should I take the RISK that a PENNY stock has
to be LONG ???? I take my money off the table, if I can,
during these consolidation periods. I'm NOT lazy...why
should I let my MONEY BE ???
ANY stratgy is a GOOD one...if it WORKS for ya !
AHHAAHHAHHAHHHAHAHAHHAHAHH
I like HEC and all but....instead of BUYING the dips.
Why not SELL the HIGHS.....FIRST ????
You can either bank MONEY every trade or keep rolling your
profits back into the SAME stock but instead of being like
the LONGS, at the end of the road, you'll end up with a
HELL of a lot more shares.
I can invest 5kusd in a company and sit back and wait until
it hits 5 bucks. SURE...I made good money. BUT, had I TRADED
the stock on the way UP, recycling the CASH...when it gets
to 5 bucks...I'll have THREE TIMES as many shares ?
I'm a greedy capitalist PIG !!!
AND PROUD OF IT !!
AHHAHHAHAHHAHAHAHHAHHAHAHHAHAHAHHAHAH
I tried to live on a commune one time...I'll be go to HELL if
I'm BUSTIN MY ASS for a bunch of dead beats ever again !!!
AHHAHAHHAHAHHAHAHHAHAHAHHAHHAHAHA
Like the old saying goes....POVERTY SUCKS !!!
I've had a BIG dose of that in my life.
I figure the harder I work at this the more I'll make in the
end....maybe not...but it beats hanging out in bars all day,
tryin to impress the barmaids with my deminishing good looks.
Strange how fast life will change DASHING to DIMINISHING...
ain't it ????
catman....ISYA

PS....good luck man...as long as you are COMFORTABLE with
WHAT EVER strategy you use....it's a GOOD ONE !?