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Technology Stocks : Long Term Investors' Outpost
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To: Dr. Id who wrote (54)7/10/2002 12:48:45 PM
From: EnricoPalazzo  Read Replies (1) of 562
 
If you feel that you lack the information to invest (whether due to deception by the rich folks, laziness, or whatever), I don't see why trading (or "taking profits") is a wiser course of action than LTBH.

With LTBH, you basically have to make one right decision (when to buy). With a strategy centered around taking profits, you have to make numerous--when is the stock high enough to "take profits"? when is it low enough to get back in?

That, IMVHO, is a sucker's game.

ethan
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