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Pastimes : Why teach if you can trade?
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To: Smiling Bob who wrote (26)1/5/2001 4:53:48 PM
From: CatLady  Read Replies (1) of 313
 
"But as stated before, the crash was an anomoly. To call it anything but is wrong and to expect one to navigate that as successfully as a normal market is wrong as well. "

I subscribed to a $50 a month newsletter for almost a year from late 1999 to mid 2000. They were fantastic at finding stocks that were going to move in the bull market. But they were slow to adjust to changing conditions. Now I don't expect perfection, but I do expect a so-called professional newsletter writer to adjust to changing market conditions. I gave them a few months, but when it was clear they weren't adapting to the change in the market dynamics I dropped the newsletter.

A pro should be able to adapt to a changing market, not instantly, not catching every top or bottom, but they have to be able to adapt. Too many inexperienced people set themselves up as pros and couldn't adapt.

[the newsletter I mentioned has no presence on SI as far as I know ]
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