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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (51648)5/14/2001 6:03:55 AM
From: William H Huebl  Read Replies (2) of 94695
 
Skeet,

hsdent.com

O'Neil said:
"We think one of the advantages Investor's Business Daily has is 30 to 40 years experience, we build models of how stocks work, and we have buy rules and we have sell rules. Hardly anybody has sell rules. They just tell investors to "buy, buy, buy" all the time. For instance, last year CNBC had experts on every week continuously telling investors to buy and they were wrong all the time. So the public has been hurt pretty badly and it will take time to recover their confidence."

Well I was telling people to "sell, sell, sell" through the whole period, as you know. Lot of good THAT did me... now I am sitting on all this cash...

<gggggg>

Thanks,

Bill
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