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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (66264)	10/18/1999 11:37:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 90042

Look at the performance of most stocks since 10/98. Look at the chart of AIG for example - quote.yahoo.com

To: Tim Luke who wrote (66264)	10/18/1999 12:05:00 PM
From: Bryan	Read Replies (2) \| Respond to of 90042

The problem is that we're talking about two different things.... Day-trading vs. Investing IMO, this is a great time to average into financial companies. But, on the other hand, I would not necessarily BUY a bank stock right now for a short-term hold (couple weeks-1 month), but I don't day-trade financials. Hell, there is plenty of opportunity in techs....You can get your ass kicked, or do very well...or both, in the same day! I'm a big advocate of $-cost-averaging into long term growth companies. If I make a few $$$ in a short-term play, I dump the money into an account that funds the quarterly purchase of stocks in my core portfolio. I'm also in several direct stock purchase plans. I don't care about market conditions, Uncle Alan, stock price, etc for this portfolio. I just keep adding, per my plan, as this portfolio is looking toward my retirement, which is some time away. The great thing about NR4W is that the diversity in the investing crowd brings these sort of things to the table...like the difference between day trading and long term investing. There are different approaches to both and one must realize this during the course of the discussion. bk