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To: D LEE who wrote (2277)3/7/1998 5:11:00 PM
From: Joe Copia  Respond to of 6654
 
What a wonderful post !! I am printing it out..

So true.. how come there is not as much press on shorters????? I think they cause as much "flucuation" as the daytraders. ( although there are some super sharpies that play a stock gappin up and down all day , but they are few, imo, so far)

Joe PTG&LI !!!



To: D LEE who wrote (2277)3/7/1998 5:58:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 6654
 
Warren Buffedbutt wants to put a 100 % tax on any capital gains held less than 5 years (see, he's made his billions). The day our govt says that you have to hold a stock longer than a nanosecond before selling it is the day the markets will cease to have the energy.

Day trading is the fuel that keeps the market running; buy and hold is the glue that reduces volatility. Neither should be disturbed.

TG