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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: geode00 who wrote (13640)4/11/2001 10:54:10 PM
From: Math Junkie  Read Replies (2) of 42834
 
That writer is in need of remedial math. She thinks that the fact that the Nasdaq went up 1000 points after the January 2000 call somehow adds to subscribers' losses, ignoring the fact that the market went on to give back all those gains and more. Then she implies that losses of 50% "or more" apply to the total portfolio, as if the Nasdaq represented the whole thing. And she doesn't explain how buying when the Nasdaq is 1100 points lower is worse than her preferred buy-and-hold strategy. About the only grain of truth in that article is the overallocation in an aggressive index.
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