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There are, of course, a lot of traders presently who are using much cleverer strategies than "Buy and Pray". Might use charts and technical analysis and work their trades on moving averages, Fibonacci lines, Bollinger bands and such like. They might go short occasionally to benefit from an expected downward move, but the "gambling" element is there to stay - select which direction the stock most likely move in, and take a position on that time frame.
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