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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: tekboy who wrote (24687)5/15/2000 11:33:00 PM
From: StockHawk  Read Replies (1) of 54805
 
>>I have a very hard time squaring our cherished belief that "you can't time the market" with what has happened over the last several months. <<

I read an article a while back that put forth the argument that market timing was held in such low regard among savvy stock market participants because the market had proceeded in an upward direction for many years. Timing in a generally rising market is a losers game.

On the other hand, in the metals market, where prices have gone nowhere over a rather long term, market timers were held in much higher regard, since playing shorter term rises and falls was the only possible way to make decent money.

StockHawk
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