"Prudent, not astute"
<What "Long Term Investors? Nine left> Yea, and all nine of them are bagholders on this thread.
<ruined by the decline> Daytraders & Swingtraders have not been ruined, more Position traders have been hurt than anyone else.
<My own money is in> 90% in Federal Reserve Bank, T Bills etc. What's the harm in using my interest money for trading stocks. You act like you're afraid you will lose a little money.
<realtime on national TV - You're not serious> Yes, I'm serious. I watched people in chatrooms play CNBC throughout the day for years until I, too, wised up. Yesterday I bot MSFT at the cnbc pump, held about 10 minutes and made several thousand dollars. You just learned a new way to make instant money in the stock market. But it's only one way of many.
<If you've been lucky> Yea, I've been lucky for the past several years calling msft on this thread, in fact, so lucky, that at some point even the die hard bagholders have to admit it's not luck. Post 49017 was a really lucky 100 point post months in advance except for one thing, I've been calling that play for years on this thread. I play position, swing & day trades, but at this time not any position plays for me, why should I suffer pain, that's what the bag holders are for. Frog |
