I beleive in Buy and hold, its the American way
- Thread starter stock777
- Start date
I really don't know what to think.
Stock777 says buy and hold and he can't even spell believe, so the market is going lower. Or, Cramer says sell sell sell, so the market must be going higher.
When such great reverse indicators are making opposing calls who do you BELEIVE? I'll wait 'til Cramer calls a bottom again before I go short....
Stock777 says buy and hold and he can't even spell believe, so the market is going lower. Or, Cramer says sell sell sell, so the market must be going higher.
When such great reverse indicators are making opposing calls who do you BELEIVE? I'll wait 'til Cramer calls a bottom again before I go short....
That maybe true for people who bought at nose bleed levels. But right now. You have to be crazy not to take the buy and hold strategy. We are at fire sale levels. Buying shares of solid companies is the only way to go right now. Many people have accumulated enormous amounts of wealth with that strategy.
Hmm another numty:
So if you bought HANS at $20 and rode to $200 (after a split $400) ovr a 3year period you have no idea what you are doing?
What about TIE, TASR, etc.... Buy nad hold would have made you fortune day/swing traders can only dream about.
Buy and hold does have it's place.....not right now though.
So if you bought HANS at $20 and rode to $200 (after a split $400) ovr a 3year period you have no idea what you are doing?
What about TIE, TASR, etc.... Buy nad hold would have made you fortune day/swing traders can only dream about.
Buy and hold does have it's place.....not right now though.
Quote from Zodiac4u:
That maybe true for people who bought at nose bleed levels. But right now. You have to be crazy not to take the buy and hold strategy. We are at fire sale levels. Buying shares of solid companies is the only way to go right now. Many people have accumulated enormous amounts of wealth with that strategy.
Look at current P/E levels and then come back to me.
THESE ARE NOT BARGAIN PRICES!
Quote from Zodiac4u:
That maybe true for people who bought at nose bleed levels. But right now. You have to be crazy not to take the buy and hold strategy. We are at fire sale levels. Buying shares of solid companies is the only way to go right now. Many people have accumulated enormous amounts of wealth with that strategy.
If you understand market cycles and money management, you will blow away a buy and hold strategy. The markets are at the same levels they were 10 years ago. That's 10 years of no gains plus opportunity lost. Throw in some inflation and you're down. Many people have also lost fortunes from buying and holding fannie, freddie, mer, bear, wamu, leh, citi, you know , all the safe solid stuff. They've also watched the ciscos of the world lose most of their value. I repeat, if you don't know what you're doing, you might as well buy and hope...er, I mean hold.