SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.39-1.9%Jan 15 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: waverider who wrote (44585)10/14/1999 7:08:00 AM
From: Wyätt Gwyön  Read Replies (1) of 152472
 
Could SOMEONE please tell when the market HASN'T been a stock pickers market?

In the absolute sense, you are right--you always (except for indexes) buy stocks, not the market. However, when you are in a market where more than 50% of stocks go down and indexes are held up only due to outsized gains in a minority of large caps (a "stealth bear", so we hear), that makes individual picks in the aggregate more important than if there's a general rise in the market, with the winnings spread in more democratic fashion. Another way to say it is "a market in which even the index funds suck, but a few stocks rock." In that kind of context, I think "stock-picker's market" has meaning, and does not apply to all markets. That's the context in which I interpreted Greg Mullineaux's statement, and likewise how I responded. MM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext