Investing Dying as Computer Trading, ETFs & Dark Pools Proliferate

^ That's a headline from CNBC. A snippet from the article goes like this:

   There's an old Wall Street adage meant to inspire investors that goes "it's not a stock market, but a market of stocks." Consider that dead.

   Computer trading, dark pools and exchange-traded funds are dominating market action on a daily basis, statistics show, killing the buy and hold philosophy still attempted by many professional and retail investors alike. Everything moves up or down together at a speed faster than which a normal person can react, traders said.

   The author of the article isn't listed but whomever it is, he or she has no idea what investing entails and thus the whole article is invalidated on that fact alone. It's when the patzers of the world claim that buy-and-hold is dead is when it's making a comeback. Anyone who bought and held the S&P from the lows of March 2009 is now up by nearly 100%. How is buying and holding dead in that case? There's a lot more bull action on the way and anyone who buys and holds will be amply rewarded in the coming year. You know why? Because it's a bull market.