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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (29883)4/20/2002 10:34:23 AM
From: Dale BakerRead Replies (1) of 118717
 
A rant worth repeating here:

To:kodiak_bull who wrote (13378)
From: kollmhn Friday, Apr 19, 2002 9:31 PM
View Replies (1) | Respond to of 13400

Kodiak, I have to chuckle at the continual attempts by many, to catch the bottom of the crapnology barrel with likes of AMD, ADCT etc.
How often have we read of our brethren wading into the breach? Why? When a stock is in a long term downtrend and has piss-poor fundamentals, why even go near it? Clearly, the odds of going long, are against you. Short it? Sure, yet most don't!

Too many still have visions of returning to "from whence they cometh". Certainly, none of those visions have anything to do with "value".
Shouldn't focus be on those sectors that will perform, rather than trying to outsmart the continuing implosion of the tech sector?

Yes, I know that some will holler about all the great trades they claim to make on dips, etc. I think a lot of that is pure hot air. I think most are losing their asses trying to 'catch the knife'. Talk to us about buying the dips in UP sectors, no the dying ones. THAT would have some believability.

There. Now, I feel better.
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