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> >
> > Come on, why so much derision in these statements? Isn't this a little
> > overboard? After all we short term guys provide liquidity when you need
> > it.
>
> NW: You sure you should be so hard on yourself? Who said I was referring
> to you? But, I guess if the shoe fits..... As for derision, I was only
> applying a highly accepted precept of human behavior to trading. I
> believe according to Maslov management principles, money is far down the
> list of human motivational factors. Most people are not primiarily
> motivated by money, hence there are lots of traders who are trading for
> reasons other than profits. If you don't believe it, just go the the
> grocery and find an item that is on sale and watch people buy the
> competitor's item for a much higher price. Don't bother saying anything
> to them about saving money unless you want to get a very nasty stare.
> Gee, I guess that's just like mentioning about daytrading on the RT and
> then getting someone spewing hurt feelings?
> > >
> > > Thanks,
> > >
> > > Norman
Well I guess a little harmless sarcasm doesn't come through too well in
e-mail if I forget to put in the little smiley face. My feelings are
hardly hurt and I am not taking it personally.
But you didn't respond to the meat of my comments. Do you really claim
that buy and hold is less risky?
Eric
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