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To: GraceZ who wrote (36676)11/13/2000 12:22:31 AM
From: per strandberg  Respond to of 436258
 
Thank you!
Guess I'll take my half billion and put it into real interest bonds then.



To: GraceZ who wrote (36676)11/13/2000 12:34:52 AM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
Over time traders tend to go bust while little old ladies get rich.

Grace,

When the TL & EV most of us are expecting hits I think the women will fare much better. The men I know all seem to be too aggressive now while the women were always more conservative. They didn't make as much in the bull run, but they haven't lost as much and likely will have more left after the blowoff. The problem is the only long term approach you can take is bullish, unless you are an active trader. If you go bearish, that means you have to manage your account daily due to the unlimited upside risk of being short. My recommendation to anyone I know is to go tbills or cash unless they feal like they have the time and energy to go short. By the way, what do you consider a "trader"? Over this year I've averaged 1 trade per day. For a trade, I'm including buy and sell and sometimes I average out or in, so 1 trade might be 5 actual buy/sells of the same stock as I go in and out of the position. Average trade is about 15-20 days. I don't think I qualify as a trader and when the dust settles I hope to become a long term buy and holder only selling options on parts of my position.