RE: Sorry, folks, but stay calm --- this is bad on the surface...
posted on
Apr 21, 2006 01:53PM
this might be the time to be a ``trader``. Sell off first thing in the morning and hope the news is a bad as Ron fears. Then buy back 50 cents lower. Course you might now be paying short term gains instead of the long term capital gains tax rate and of course you have to time it right. SOmetimes I have been lucky sometimes not so lucky. I could not find the article to see if it is that bad. I know there are a few of you who are real traders and seem to do well at it.