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Politics : Formerly About Advanced Micro Devices

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To: DRBES who wrote (94241)2/19/2000 9:35:00 AM
From: Process Boy  Read Replies (1) of 1573852
 
DRBES - <AMAZING!!!! Illustrating, once again, my suspicion that the price gets manipulated on such days; and my conviction, reinforced over the years, that short term trading and especially where it involves options, is an area, of such sophistication that I cannot make money at it. This is not false modesty on my part. I have demonstrated to myself, over the years, that whenever I trade, I lose money, fairly (or unfairly) consistently. It is by buying and buying and buying and holding for the long term, so long as the long term picture continues to look good, that I am able to eek out a buck or two over the years.>

I started a little trading activity a few weeks ago for the first time in my "career", and everything's slightly below water.

Of course, the one stock (AMGN) I bought as a "buy it and forget it" thing, and is a far more significant percentage of my portfolio (thank goodness) than my trading stock, is up 11.5% in 2 weeks.

PB
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