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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: hui zhou who wrote (40649)6/14/2002 12:01:26 PM
From: Ron McKinnon  Read Replies (3) of 53068
 
continued great posts and thoughts on the market

in the end it is the market that determines who is right

as to our little portfolio exercise the market says a huge % of the trades were wrong

over time they may all work out, but the reality of the market makes it clear that many of the entries were timed wrong

and clearly there still the reality that some people here just can not admit a mistake, clear the stock out, and move forward
I'm not talking about "good real companies" but rather the longs in the portfolio that will sit there taking up cash for a very long time on a hope and a prayer
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