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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Bob Biersack who wrote (91906)4/6/2000 6:47:00 AM
From: Sosmartinov  Read Replies (1) | Respond to of 120523
 
Richard Feynman used to say that doing physics was like sitting in a swimming pool immersed to your eyeballs watching ripples come your way and trying to figure out who was in the pool. Sounds like "buy and hold" strategy to me. If you like that kind of challenge to your evaluative skills and think that if you hone those skills you can keep your freedom from idiot bosses, then "buy and hold" is 'a good thing'. The kind of skills in "snapshot" evaluation required by "position" trading seems to me a subset of the "buy and hold" and requires enough constant monitoring that you have to give up a little freedom on those instances when it becomes necessary to take a breath, or a break. Who's to say: Mozart or Elvis; you gotta love both.
This reverie brought to you by SAP which is, thank God, up 8 per cent in Germany.