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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (1349)	5/3/1998 2:07:00 AM
From: Boob	Read Replies (1) of 9440

Swancey, agree with this post? Found on another thread. In a nutshell it basically says daytraders can outperform long term traders anytime because they can buy on all the dips and sell on all the peaks LOL. This guy is amazing for he buys at the lows and sells at the highs everytime LMAO. <First, add up the percentages that quick daytraders could have made each day over the past week in this stock and compare that to buying on Monday and holding through Friday. Now multiply that by the number of days/weeks GLCP may see daily ranges like these over the next few months or a year. Even if a percentage of the daily/weekly ranges are traded, the total will be much greater than "holders" will see over the same time frame.> "The only people who buy at the bottom and sell at the top are liars" -Unknown Boob

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