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Old 03-11-2009, 01:43 PM   #157
saden1
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Join Date: Feb 2004
Location: Seattle
Age: 47
Posts: 10,069
Re: How Low Can It Go?

Quote:
Originally Posted by Schneed10 View Post
I'd vehemently disagree. You shouldn't be investing in the stock market for the short term at all. If you are, you might as well head to Vegas.

If you're investing in the stock market wisely then you're doing it with money you don't need for a long time, and you're letting it sit for a long time.

If you're not doing the above, then you're somewhat retarded (daytraders excluded, because they understand short-term risks and are willing to accept the consequences).
It's not about me (the average Joe), it's about people (hedge fund managers) purposefully betting against a company, playing shell games, knocking the company down and then cashing it in. They are in fact gaming the system.
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