Forum Archive Index - February 2000

[Graham Watt <gwatt@xtra.co.nz>]

hugh

As a trader I don't care if its a tech stock or a traditional stock. I will
trade on the
maximum profitable gaining stock that I can find. I'll do that by true
diligence,
hard work, investigation, knowledge, experience, reading, mathematics, continual

updating of the market using all the web sites and software available.
It is my theory that this gives me an advantage over the next guy/girl.
My gain is their loss. That's how it works.

It just so happens in the present climate that tech stocks are the predominant
ones. I can understand traditional investors qualms about tech stocks. You'd
have to be mad
to invest in something that could drop in value up to 25% while you had your
pants down. So we have to take a laptop to the dunny as every second counts in
my game.

As far as bubbles are concerned. I'm out at the first sign of it. Again that's
the
advantage of being a trader. For every press release or posting about bubbles
bursting there will be twenty  for the next tech IPO. This revolution has
already
changed the way of world commerce and the sooner traditional investors realize
that, the better off they will be. If you can't day trade give your funds to
someone
who can. This is why tech investment funds will do all right. Traditionally if a
stock
dropped 40% one would say that it had been pricked, but today this happens
within 2 to 3 weeks and then gets blown again bigger than the last in 1 or 2
days.
Check out SPE in the traders message board.

As for non tech stocks keep an eye on CAH

Regards Graham





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