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Re: downthehatch post# 2618

Wednesday, 11/10/2010 12:46:17 PM

Wednesday, November 10, 2010 12:46:17 PM

Post# of 3734
I'm not comfortable adding to a stock position that is evidently the target of manipulation. Day traders may be part of the disease I'm smelling but for the most part, it's volatility that undermines the value of holding any long positions. Few of my longer term holds remain in my portfolios longer than a few months as I prefer to take advantage of volatility which, in turn, sets things up for sizable gains at the expense of those who live in innocence.

The stock market is the most corrupt organization on earth and we jackals are as much a part of the process as the quant lions.

IMO.

WT

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