Rande, Not so sure I agree, I seem to be doing pretty well, even with the stocks that are currently down a bit, I believe I have a portfolio of good long term plays. If all the "pilots" as you call them agree on a "pick" it becomes a pure volume driven momentum play, and the last one in loses. At times, I have seen the same stocks discussed on the 3 boards I frequent the most, and THAT coupled with my own DD has led to some educated buying. Also by taking a day or 2, sometimes I even manage to buy these stocks cheaper than if I had rushed in when I first saw them mentioned.
There are a few amazing bargains STILL out there that I will buy this week...
A good stock will move for the right reasons, and unless you trade like a complete idiot, you will eventually make money... the day trades are fun, but I don't mind waiting a few days or weeks for the movement...
When it gets to be a month, I start to get antsy, but that's just me..
cheers
MG |