Wal Mart--Time to go long??

Do most of you hold WMT (or other stocks for that matter) long term? Or more short term?

I hold my positions for a few days to a week at most. Trying to day trade it. I think Walmart is awesome, it's just stayed in that range for a while, even when everyone else was heading south.

To be honest I don't really care where it goes as I'm using an EA to trade it, after I saw a chart of a back-test. Still testing it as I was a little skeptical, but the account is up 20% since the 17th. So I'm happy to say the least.

Anyone trade anything else that moves in a range?
 
Are you buying and holding for long term though, or short term?

And why does it look like crap? It's steady, and like i said, I don't really care where it goes. Just let the EA run it...
 
Quote from tradersboredom:

why the fuck would a i want to make the walmart's rich by buying their stock or make google sergy more rich by giving them my money


this is classic bear market rally or suckers rally.


the real economy is fucking up bad and there is a b.s. party in the wall street casino.

man n. korea has nukes and they might even use it.

GM just went bankrupt and market rallies.
More...

Because you can make money by trading their stock. For that matter, what could you trade without positively (or negatively) affecting someone else? If I'm making money, I don't care if I'm helping someone else make money in the process.
 
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