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To: Kory who wrote (6608)9/2/1998 8:04:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 8002
 
kory, to add to your point, this has been the mother of all bull markets. most people day trading go long and, guess what? this is successful in a bull market ;-)

i've known many people looking for 2 points and were handed 30. uh, to the downside ;-)

i'm as skeptical of short term trading as i am of the get rich guaranteed buy and hold paradigm ;-)

actually, i'm inbetween. you know part of my portfolio is option based. however, i buy longer time frames b/c, as you suggest, ANYTHING can happen short term.

btw, those that say they buy at each trough (sp?) and sell at each peak aren't being genuine, imho. it can't be done.