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

To: werefrog who wrote (56589)	3/12/2001 4:04:36 PM
From: David Howe	Read Replies (1) \| Respond to of 74651

Yes, I have used a real time tick chart and I have a number of friends that have tried to trade for a living. They've all failed. My investment style since I entered the working world back in 1986 has been to buy and hold for the most part. Even taking into account today's prices (ie. Dow -470) I've made more in the market than I ever imagined possible. If I hadn't dabbled in trading, I'd have done better. IMO, unless we are about to enter a 2nd great depression, the buy and hold approach will work just fine from today's levels (Nasdaq 1900). Maybe not over the next few months, but over the next 10 - 15 years. Day trading won't match the returns from these levels unless you are one heck of a good guesser, IMO. By the way, which way to you guess the market will go tomorrow? Up or down? TIA, Dave