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Pastimes : All Clowns Must Be Destroyed

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To: patron_anejo_por_favor who wrote (35464)5/24/2000 10:30:00 PM
From: AllansAlias  Read Replies (1) of 42523
 
Too much. Just heard this story on local TV news.

We had a Canadian-wide stock picking contest for high school students. Many of the scool groups posted big gains. Our local group was up 47% and the winner nationwide was up 100%. Here's the kicker: The contest ran for the last 3 months!

When asked what was the most important strategy their group employed, a student responded: "Well, we look at the 365 day chart of prices and, well, if it's low, we look to buy."

I tell you, thinking too much in this market is a bad mistake. This has been so for many years.

--Allan
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