JOSEPH FOSTER

Bill Miller on This Tough Market

I AM A DAY TRADE AND I CONTINUE TO MAKE MONEY IN A GOOD AND BAD MARKET. I SELECT THE BEST COMPANIES BUY THEM LOW AND SELL THEM HIGH IN SOME CASES I WOULD GO IN AND OUT OF A GIVEN STOCK 10 TIMES IN ONE DAY SOMTIMES I LOOSE BUT MY GAIN EXCEED MY LOSSES.
LONG TERM INVESTMENT IN STOCK IS OVER THAT WAS NOT NOW
THE MARKET HAS CHANGED.
EXAMPLE THE RESULT OF LONG TERM INVESTMENT MSFT, BA, GE,
T, ALL GOOD STOCKS YOU WOULD NEED TO HOLD THESE STOCKS FOR PERHAPS 10 YEARS AND IF YOU ARE LUCKY MAKE 5%
I COULD ACHIVE ON DAY TRADING A RETURN OF 40% TO 80%
THE MARKET NO LONGER MAKE SENSE AS XOM EARNINGS GO UP OR COP EARNINGS GO UP THE STOCK GOES DOWN.
SOME BANKRUPT COMPANIES SUCH AS AIR LINES WHEN OIL GOES DOWN THEIR STOCK GOES UP.
JOSEH FOSTER USA UK.