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I was not real sure where to put this post, but I liked the opening paragraph to this article. I got this article because I signed up for articles about CBI, but the part that interested me was not about CBI.


http://seekingalpha.com/article/109097-a-back-of-the-envelop...


"Back in the old days, we used to look at individual companies, sectors, analyze industry data points, do comparative valuation analysis, read earnings reports with great interest, etc etc. Those were good times. Now, we wait every day for 3 PM, play a bunch of ETFs for a 1 hour trade, and then try to predict what ETFs would be best suited for the next 2-48 hours based on charts. That's "investing" today."

Maybe its just jealousy speaking, but I really am tired of hearing the technical people describing when they buy and sell their ETFs. I just do not think that is investing.
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