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deuce bigalow

07/07/03 11:43 PM

#127364 RE: Zeev Hed #127359

As soon as we get a little rambunctious market like in the last three months, everyone is going back to the old habit of LTBH... my PM box gets filled with "I don't want to have a stop I like the stock for the long term".<<<

this market is a lot different than the previous bear rallies, and has surprised most on the upside,

we had a 4 year cycle low in 2002, it's no doubt now,

the bears are going to get ground out here till their broke,

bears markets kill the bull hogs first, then they kill the bear hogs,

then they take the ticker off Times Square and nobody cares about the market anymore, that's where the bull market starts, it may take a decade or more.

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dvdmogul

07/08/03 12:03 AM

#127368 RE: Zeev Hed #127359

Zeev your sounding like the thought police saying that. LTBH is Investing not trading, just like there are many styles of Trading there are Investors and their role in the market is every bit as important as the traders role. This is a trading thread so your thoughts are in line with the scope, but please dont diminish the role Investing plays, I would much prefer a float firmly in Investor hands versus one predominantly being traded, its just a different style, everyone should try a little of both, might even out the extremes.

Noticed both EXPE and Dillers company were up sharply today...you ranted yesterday that you didnt like Dillers company for all the variables...was that your temptation to cross over to Investor status? Hey if Investing dont work for you No problem, in trading its not the company its the symbol...Could have had a 2 bucker today...trade for present income, Invest for retirement...works for me.