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Strategies & Market Trends : Wire to Wire Daily Stock Picking
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To: j g cordes who wrote (2982)8/10/1999 7:09:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 3514
 
>In other words, are those who post their picks here, in sum, any better than throwing darts at a crumpled newspaper?<

I would say certain pickers have demonstrated an ability that far exceeds tossing darts....

But even dart throwers get to brag...

As a whole I would say that the group has not shown any exceptional capacity to outdo the indexes but we have not measured the group in that fashion at all. I could through the use of technical analysis moderate the picks to a certain degree and attempt to discourage investors from throwing money at picks which have simply run too far already.....

But I would be lying if I said I had any exceptional insight into exactly when a run will run out.

The intent of this thread is to give people a chance to share some brief due diligence and have some fun. If we make money we'll have fun. If not... we'll still have fun.

Thanks, Jeff
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