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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: BGR who wrote (82991)1/10/2000 4:41:00 PM
From: Jack of All Trades  Read Replies (2) of 86076
 
POV ?? Please explain...

Also, short term trading can be a zero sum if you don't have a plan...

But buy and hold can also be a negative sum game also, especially like The Chicken and Value America. Buy and hold stocks who's earnings are growing at 1/100th the rate of their stock price is to risky for me... Of coarse buying and holding stocks who don't have + earnings is even worse.

Like I told a friend of mine who called me up to tell me he made $55K in one day. When I asked what he sold for he said he was still holding, I said you don't make it til you sell it. The next day he was NEGATIVE $26K...
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