I wonder what Rodgers says today......???
:dude:
I wonder what Rodgers says today......???
:dude:
The Technician (escapades at times as Carnac)
Wow, what he said in 2004 really is happening now in 2007 and I expect what he said will continue to happen in the future.
Interesting...
Q: Can one be a long-term buy-and-hold investor and make money, or does one need to be a trader?
A: Well, if you find the right instrument, the right security, then yes, you can be a buy-and-hold. But in my view, the next 10 to 20 years in the U.S. stock market, that will not be a satisfactory way to invest unless you find the few securities that might do well even in a period like that. The investors who'll do well are the ones who can buy low and sell when things rally and repeat the process throughout the decade.
Tom
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