The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Westwoodguy who wrote (22637)	6/13/1999 4:52:00 PM
From: Nine_USA	Read Replies (1) of 29386

With all your experience and technical advantage over the buy and hold guys, you sound like it is easy as pie to make 5% per month. But even Warren Buffet has only made 22.5% per yr compounded, whereas 5% per month is 79.5% per year. Now I know you aren't making 79.5% per year (unless you are as good as the amazing shorts on Yahoo) so I am sure you are making a lot less than 5% per month. My point is spending 6 1/2 hours per day with eyes and brain glued to analysis of MM screen antics may get you something like 1.9% per month (which beats Warren, btw) even if you are outstanding at what you do. I'd rather hold, not get faked out by the MMs, and have a life.

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