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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Wyätt Gwyön who wrote (16908)10/22/2002 2:09:57 AM
From: Tim Bagwell  Read Replies (1) of 42834
 
>>>how much does the short term matter? <<<

Well in an extended bear market the short term is all you've got to work with. Bob's already been twiddling his thumbs now for nearly 2+ years. And when you've followed bad advice like the QQQ disaster, the only hope of erasing a loss that huge is to trade short term movements. Forget what Bob says.

Bear markets are great for short term trading. There is a definite advantage to the person who buys stocks cheap when others are throwing them out.
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