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Old 08-20-2007 | 11:20 AM
  #37  
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Ellen
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Joined: Apr 2006
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[QUOTE=beechbum;217014]
Originally Posted by Ellen
You would be stupid to get out of the market and sit on cash. Even if the market does go lower, when would you get back in? After the market skyrockets? You are preaching buy high and sell low. That is the complete wrong thing to do. If you want to make money in this market, buy long term and buy quality. Can't think of any airline stocks that would fit into that category, but to each his own.
I am NOT preaching Buy High and Sell Low. (Unless it's Buying or Selling PUTS-in that case you are correct)

(If you want to make money in the market buy Long Term and Buy Quality) Why not buy OR sell short term Volatility?
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