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Alias Born 08/19/2009

Re: bradford86 post# 761

Wednesday, 11/11/2009 2:27:00 PM

Wednesday, November 11, 2009 2:27:00 PM

Post# of 3010
Now now, lazy I will believe...But not smart enough? (Scoffs).

In principle I agree with your method, I think most of the people who try to time the 'swings' end up breaking even because half the time they need to buy in at a higher price with their trading shares...Throw in the tax considerations of short-term gains/etc and its probably not that advantageous. Especially when your position sizes are so large that they move the market in these low-liquidity securities.

I do it partly because its fun (laugh), gives me the illusion of making money, and it helps keep me connected to the stocks.

-Fernando

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