Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

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To: jack c rains who wrote (6158)	12/10/1996 3:53:00 PM
From: Anthony Mascarenhas	of 186894

<< I'm sure that there were other traders playing Intel up from there at the same time. So, we probably all made money at the expense of the investors or trader wantabes at the time.>> Investors are those who buy and hold for a significant period of time (not a matter of minutes). Also the trader wannabe's are small in number so as to be insignificant. Jumping in and out reminds me of the mutual fund industry. While all of them try to pit their "intelligence" the majority of them fail to outperform the averages (The zero-sum game). So unless you are privy to insider information, or have some way of getting in and out before the rest of the world does, it is almost impossible over an extended period of time to outperform some simple strategies (a.k.a Peter Lynch, Warren Buffet, Burton Malkiel and even Soros in some instances.). But then again, there are traders who get only their living from it. I personally have nothing against trading. regards Anthony

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