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I can't help feeling the above posts are more of an exercise in semantics than anything more useful.

Surely any long term investor has to be ready to sell when market factors indicate some adverse conditions (other than very temporary ones) on any given stock?  I can't see that that makes him/her a "trader".

And in the event, who really gives a damn about what labels we might wish to apply to ourselves or others.  We all simply want to be profitable, and I'm damned if I can see that applying labels or restricting our stock market activity to purely one approach or the other is even remotely useful.

To suggest that an investor may never, by definition of the term, sell a falling stock is simply silly.

Julia