Would you call people that take his advice, investors? or traders?

"Futures on the Standard & Poor’s 500 Index fell 2.5 percent, indicating the benchmark index for U.S. equities may pare its biggest monthly advance since 1991. Morgan Stanley strategist Jason Todd said investors should sell (ed: didnt even use the word pare) U.S. stocks as earnings keep weakening. The S&P 500’s 21 percent surge since March 9 trimmed its first quarter drop to 9.7 percent."

Talk about timing. Investing is done when things are on sale. They won't be if earnings were splendid. And what are you going to do, keep it in dollars? Aren't they debasing the currency and questioning the role of the US dollar as a reserve currency.

Just for my own amusement, I was curious what invest is defined as and it came up in two dictionaries as how I understand trading and investing to be.

According to Webster's dictionary, an investor 1) to commit money in order to earn a financial return (this is how Jason Todd would define it and the public understands as trading) 2) to make use of for future benefits or advantages (this is how the public would define it since down the road, markets should turn around-hopefully sooner than later)

According to Oxford's dictionary, to invest is:• verb 1 put money into financial schemes, shares, or property with the expectation of achieving a profit. 2 devote (time or energy) to an undertaking with the expectation of a worthwhile result. 3 (invest in) informal buy (something) whose usefulness will repay the cost.