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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (199182)	4/30/2009 4:38:09 PM
From: Perspective	Respond to of 306849

<you read charts well, but it seems your fundamental bias is mitigating your ability to profit from what's going on.> No, I just don't daytrade. I know myself, and I am only comfortable taking positions that are based upon fundamentals. I prefer to have my core positions built on ideas that, if I'm wrong with my "high frequency" analysis of the situation, the long-term trend will bail me out. I am often wrong - as with the restaurant earnings and energies - but it is usually a matter of timing more than outright error. It seemed like it took forever for the credit bubble to burst after the housing bubble topped out, but it kept me on the right side of the biggest move of my life. My style is to build long-term positions based on the "funnymentals", guided by TA to time entries and exits. I dance around the long-term positions with medium-term hedging, which of course is almost purely a TA affair. I wish I could do the short-term TA trading as well as guys like you, but I just don't seem to be that good at it, nor do I want to be that absorbed into it. I'm always and everywhere driven by my long-term perceptions, in everything from investments to education to health. `BC