 ropeguruPremium
join:2001-01-25
Mechanicsville, VA | reply to ISurfTooMuch
Re: Wouldn't switch said by ISurfTooMuch:However, investors want profits NOW because they're usually not holding a stock long enough to realize any long-term gains, so they'd rather buy the land, then try to resell it for a quick buck. The short-term profit will be greater, but the long-term profit will be nil. Which is why I say day traders should be kicked out of the market. Before they created all these easy to use, low/no cost trading systems, most folks were in the market for the long haul. Now that they have made things so easy for Jow Shmoe to trade, things have gone to crap. |
