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Friday, July 13, 2012 3:03:27 PM
As Phil said, to each his own, as in style of investing.
You are not comparing apes to apples if you are a day or swing trader vs being an investor.
Traders play on hype and momentum. Investors play on business models and the broader sense of future or developing market conditions. One requires dd that is based on public perception and momentum the other requires a deeper form of dd that gets to the root of whether a company has a viable future in its perspective market.
It's like arguing apples vs oranges instead of apples vs apples.
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