Absolutely kiwiboy. I've personally harvested three crops from...

Absolutely kiwiboy. I've personally harvested three crops from SBP so far, and am one of the firmest beleivers that there is far better to come.

As WD Gann once wrote, "there is far more money to be made in trading swings than any other method".

Of course, the trick is to pick them, which is where charting skills come in. Regardless of short term traders, a stock will only ever be priced at where the average investor considers it should be. I have no doubt that SBP has not been effected by stupid sellers, and neither has ATC. The fact that these two companies are surviving a plunge in both indices must show in their favour.

Short term traders (yes, even day traders) are vitally important to any market. They take the risks and provede LIQUIDITY, which would otherwise be absent.

People tend to despise daytraders (and I am not a daytrader), and claim they never make money.
If this is the case...shouldn't we love them?

Bomber