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Re: Angelman post# 19242

Friday, 09/13/2013 12:33:59 AM

Friday, September 13, 2013 12:33:59 AM

Post# of 34573
information should perhaps be in quotation marks
misinformation would be a more accurate description

in the context of investing, being long means either
1) buying shares of a stock based on the expectation that a stock will go up
2) buying call options or selling put options

it is true that in the capital gains context, long term gains are those for assets held over a year

but when speaking about investing, to be a "long" only means you are not a "short", it does not say anything about your time horizon

that is why i describe myself as a "long long"

and i once got a lollipop from the school nurse after i skinned my knee in kindergarten, so clearly, i know what i am talking about when it comes to communication and my opinion should be given great weight

but if you dont trust me
http://www.investopedia.com/terms/l/long.asp