RE:RE:RE:RE:RE:RE:PRISRegarding our dear friend Giz. Playing with the fluctuations in the price of a stock can work provided you can predict with accuracy and consistently which direction the price of the stock is going. For me personally I have never been able to do it consistently. The reason is that you require to be able to know the unknowable...that is one needs to know what tens of thousands of individual investors are going to do tomorrow. I don't even know who they are let alone know what they will or will not do tomorrow. Those investors make Mr. Market (a Warren Buffet term) a very unpredictable character. What you are then playing is a risk game with your money where the odds are decidedly stacked against you. Over time you will lose. Probability theory dictates that you will. trying to predict the unpredictable seems like a risky way to invest to me...but each to their own style. I have never said it is worng or right to invest that way...just that I don't think you can make money that way....at least not the type of returns I want.
Good luck to Giz if he can pull it off. That would make him quite exceptional. My preference is to look at fundamentals...especially in an area unloved by the investing majority and shunned by the mutual and pension funds. When I see posts claiming nuclear power is dead I know that I am in a good contrarian play...beacause the data says otherwise.
Great investing folks.
Malcolm