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Snapper

So all that said, and I believe it to be true, it would seem to me that the thing to do is to ride the waves of the market. Be long when it's rising and short when it is not and stay away from the LTBH philosophy.

Which is what I do not like about mutual funds. They can not get out of the market when it turns down.

I'm far from someone who knows anything about investing but it just seems to me that with all of this electronic trading and hedge funds etc. the days of LTBH being a successful strategy are over.

Call me a cynic but I believe very little that I here are read from so called experts. I think they all have an agenda and that is to get my money.
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