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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Gary Ng who wrote (39643)3/23/2000 8:44:00 AM
From: Boom Dog  Respond to of 74651
 
<<<Not trying to downplay day trading(I am obviously not
in that camp) but are there daytraders as successful as
Warren Buffet ?>>>

Yes, and no. Yes, there are daytraders who get a better return on their trading capital over the long haul than WB does on BRK's capital. But the comparison is silly - you can't daytrade $50 Billion. The markets couldn't swallow it. There has never been, nor will there ever be, a daytrader who makes as much as WB. But WB will never make as much as a good daytrader *percentagewise*, on a tiny capital base.



To: Gary Ng who wrote (39643)3/23/2000 9:12:00 AM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"Warren Buffet ?" Also MSFT 106 1/2 premarket

Yes, percentage wise, I can show you daytraders that make many times what Buffet makes.
I would remind you to check my post #39607 and note the time and date posted, plenty of time for everyone not in to jump on board for the upward move MSFT will see from now to earnings. I'll even mention the best time to sell this buyin and that will be the day MSFT releases earnings & that has been in afterhours, so, sell that day. Cheers