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When you think of buy and hold for the long term,...look around at the
company you'll have. Empty headed media personalities who are little more
than carnival pitchmen,...the magazine covers,...the mutual fund and
financial services commercials, .....and the discount online trading
"Ameritrade" late to the party "neophytes". Everything about this
environment typifies late Bull market psychology. Yes, the upmove may go on
for a lot longer,...but the prudent man will look to preserve the wealth that
this Bull Market has created. Trading allows one to do this. Remember, the
"Long Term" is nothing more than a whole buch of "Short Terms" added
together. Jim Pilliod jpilleafe@xxxxxxx
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