Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jane4IceCream who wrote (90275)	3/29/2000 6:04:00 PM
From: If only I'd held	Read Replies (1) of 108040

No....true daytraders aren't the ones getting hammered here. Investors are the ones getting hammered. Daytraders are out by the end of the day. Investors take positions and then get punished for it. I am a firm beleiver now that if you have a 1/8th point profit...Take it. Just look at all the biotech stocks and what happened to those that invested in them in the beginning of March. Most have been cut by 75% in value. Sure, they were up pretty good, but they dropped like rocks. I'm closing flat from now on.

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