It might depend on the length of list, and phone and browser, but a quick swipe usually starts it scrolling down, and a quick tap will stop it (there's usually some momentum, it'll stop itself eventually too).
For a short scroll then a single hold and swipe will work.
Tap to start it scrolling it downward
Tap to stop it scrolling downward
Tap to select the actual item you'd like
edit: Just noticed you were quoting the grandparent comment to this comment, this is addressing that.