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Drexion2004

11/11/09 2:27 PM

#762 RE: bradford86 #761

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