Long Term & Short Term Trading

I think there is value in both. No mistake when one picks a stock and goes long, reinvests the dividends, its a great way to become successful. However with the market at all time highs and due a correction, Is it still prudent to go long some stocks?  Well, yes if you are a good stock picker and believe in the stock and are willing to hold the stock during corrections. International Business Machines Corp. (NYSE:IBM) is on my radar here as I feel it looks a bit underpriced compared to the market. If we do get a correction, it should drop slower than others. On a short term basis, Im looking at United States Steel Corporation (NYSE:X) and iShares MSCI Brazil Index (ETF) (NYSE:EWZ) as volatility is high in both.. May sell some option premium in there..


Will keep you posted..

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