[Nuke'm Glowing]

I tend to follow the smart money. Warren Buffet predicted a sideways 10 year grinder for the market. That means you either have to be one hell of a day trader or just lucky to hit a hot IPO. Look at chart history. Also read up on the Congressional investigations into the Wall Street scandals from 1930-1938. You'll find the parallels interesting and the resulting laws just as interesting.

[Dog Gone]

That means you either have to be one hell of a day trader or just lucky to hit a hot IPO.

Not necessarily. There used to be a time when stocks spun off dividends that were as reliable as bond interest, with an appreciation of a few percent a year.