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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: Scott Overholser who wrote (32906)6/22/1999 10:01:00 PM
From: Ramsey Su  Read Replies (1) of 152472
 
Scott,

your really don't care and really don't know comments are absolutely accurate but it applies not only to TA but FA also. I have been conducting an informal survey for quite a while now, asking every "investor" I know the same question - "what is your stock worth?" My survey says 99.9875% of "investors" are clueless.

My favorite response was from a "professional" who told me flat out that market timing does not work. When I asked her what she likes as a strategy, she said sector rotation. She did not have an answer when I asked "isn't that market timing?"

Investing is difficult and most investors have no clue what they are doing. When they say something does not work, it means they don't know how to make it work or it did not work for them. Of course, the ones who figured out how it works are laughing all the way to the bank.

In the end, it is just like what they bumper sticker says, "he who dies with the most toys wins."

Just thought I would fill in on the ranting department during Maurice's absence.

Ramsey
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