SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Duker who wrote (26847)12/3/1998 3:50:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
Re: <<I would argue that it is sometimes better to be the last to know some of this stuff ... as long as you are not a trader and maintain a rational discipline with an eye on the long term>>

I have a small portion of my portfolio set aside for trading, mostly for entertainment, I guess, because the market keeps teaching me over and over that it is more lucrative to play the long-term trends in this sector.

The problem is that in order for short term trading to work better than buy-and-hold, you have to be able to buy the stock back cheaper than you sold it for. When we get these gargantuan moves like we are having now, which are really unpredictable as to timing, it becomes impossible to get back in while still meeting that condition. In other words, how do you buy on weakness when there ain't no weakness?