Nirvana: I think the only way to do this is read a lot of books and watch the market regularly. I had recommended few books in my earlier posts, you can start there. DO NOT jump in the market before you are prepared. Be willing to take hits at times. Start with Secrets of profiting in Bull and Bear markets by Stan W. Bricolage: Unless you are one of the underwriting bank's big customer, getting an IPO is pretty hard. You don't need to get in an IPO to make a lot of money. Actually the best performing companies made their huge run after 8 years. Microsoft's IPO was in 86 but you could have bought MSFT in the 90s and still make money. Bikasjyu: I'm speechless. I don't know what to say. I'm just so priviledged that you would grace my thread. Anyway, it looks like the market is breaking down. We are going to get good prices for some of the stocks in the future. One of the stocks to put in your watch list is GROW. When the market bottoms, it will make a huge run again.