intraday to swing/position happens to be the preferred method of choice for me...for now. I have the luxury (or perhaps not) of following the daily tick of the market at will....most folks don't
historically, buying on the dips over the LONG run has proven to be the most effective method, at least those that I'm in contact with...many are involved with techs, the csco, orcl, msft's...and quality names within the new era internet stocks, yhoo, cmgi, aol's, holding through split after split...they are not buying the puma's, kide, basic momentum stocks,,,
even at my insistence to lighten the load during certain times, they remain the course and add on the dips as they know the market will come roaring back. Up to now, they've been right.
otoh, those involved with old tech, having 401k devastation as I've witnessed in the retail industry, to a major extent in the airplane building industry... the last couple/few years have been trying times. And only now are the new breed feeling the sting of a pullback in tech sector...
all in all, with proper perspective relative to time frame and sector investment, those savvy enough to have bought on the dips versus the swinger out there, even with this turmoil considered, have done exceptionally well, and in many cases perhaps better than the intrady-swinger.
maybe today/tomorrow, and with evidence to suggest the average holding period of a stock is decreasing significantly, yes, move over floppy disks, just skip right over CD's and let em acquaint themselves with DVD...
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