it really does depend. I like both, but I have to be careful with long things. usually my shorts and skirts and dresses need to be much shorter on me than where someone taller would need their clothes to fall. I'm not even that short, I'm 5'3 but it makes a lot of difference in the place that clothes chop up my figure. the shorts have to be short, as do the skirts and such. I like long maxi dresses but I don't wear them much because again, I feel my height makes it look weird.
now, I like long things like jeans and pants. I love them. I like loose and tight equally, somewhere in the middle is nice. I don't really wear things that are so tight that I look ridiculous. also my boobs are huge so a balance is essential too loose in certain things can make me look frumpy and bigger than I am and too tight makes my t*ts spill out more than they already do.