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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: ajtj99 who wrote (41150)11/22/2002 8:20:35 AM
From: Terry Whitman  Read Replies (1) of 52237
 
Hey, we finally got some spirited discussion going on here. The thread lives. <g>

The 'last 3 years' are not indicative of the next three years. In fact- I'd say if you based all of your trading decisions on what happened 'the last 3 years', you'd be wrong more often than right.

For example- Look at all the rubes that bought INTC and CSCO or the QQQ in 1999 and 2000 based on the previous 3 years performance. Now THAT was stupid.

Maybe looking for a reversal in an overdone trend is not so stupid as you might think..
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