Ejovi Nuwere

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I can’t trade on Fidelity. From what I can tell Fidelity went down for about 15 minutes around 3:30. The busiest trading times are in the morning and near the close (4:00). Because of this and a handful of other problems at Fidelity I’m moving all my money to E-Trade.

Active trading is back, maybe even the dreaded “day trading.” While I’m far from a day trader I do consider myself active. Atleast one trade a week. The recent upbeat in trading reminds me of a warning a financial advisor once gave me and my co-workers several years ago, “Stay away from Internet stocks, they are flying high now, but in the long term they are valueless.” He was right, as we all learned from the .com collapse, but my co-worker’s argument was “Yeah, but in the meantime other people will be making money, while I’m not.” They were both right. It all depends on how much risk you are willing to take.

Being in my 20’s I’m willing to risk jumping back on the bandwagon and riding the wave as long as I can simply because there is a greater fool then I, and when I find that fool, I’m going to sell him/her my holdings, along with options in Brooklyn Bridge Inc.

Fidelity won’t be receiving my commission.