RE: Bought back a few sold earlier.4 Apr 2019 09:44
Wilbert,
“I think my view of the stock market and my "buy & hold" strategy is well out of date. Shares now seem just a vehicle for day trading, the whole point being to latch onto a share that goes safely up and down within a predictable range, watch a screen all day and surf the sine wave. Short term-ism rules the land”
Not true....
You got buy and hold...LGEN
Buy and explode...like MSFT
Buy explode and fold...XEL
Buy explode implode explode, poss MATD (fingers crossed it does!)
When everyone else buys it explodes and I buy it tanks, JOG (all timings)
Buy does nothing I sell it explodes..all had a few of them
Buy explode, I hold it implodes, I sell it explodes I buy it implodes I now hope it explodes...BPC
Then you got the traders that get most of the above right...yeah!
I guess the trick is to have lots of LGEN types and enough ordinance to make a difference one way but not the other.
Trek, bombs away!