Registered: Apr 2012
04-29-12 09:52 PM
I heard the Murray show that buying and holding is a disaster. He said the Japanese market didn't reach back to the level it was 23 years ago.
He also said the Great Depression reduced Dow from 350 to 45, and it took 25 years to get back to pre-depression level (1950s).
So I am thinking, this stock market is bouncing up and down, maybe for the next 20 years before reaching 1999 level. I got some CSCO at over 100 dollars.
To generate income, I need to trade this market, not hold it.
Any advice where I should start with? Stocks, ETFs, or options and futures?