Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Keith J who wrote (83863)	5/1/2007 3:15:44 PM
From: chowder	Read Replies (1) \| Respond to of 206330

>>> Had you bought Berkshire Hathaway at the NASDAQ peak in early 2000, you would have done quite well. <<< Keith, if one bought BRK/B at the NASDAQ peak in 2000, they would only be up 32% over a 7 year period. That's barely above a 5% annual return. (Better than a long term buy and hold on the NASDAQ, not doubt.) I'm a proponent of doing both short and long term trades. During the years following the NASDAQ sell off, short term trading brought much better results if one knew how to do short term trading. Sometimes the longer term trades are doing better, other times the short term trades excelled. It depends on market conditions. I do both and let the market tell me which ones I should focus on. Two years ago it was the short term trades that excelled as the market traded laterally most of the year. This year the longer term trades have done better as the market has trended higher. That's why it's important to trade more than one time frame, IMO.