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Politics : Welcome to Slider's Dugout

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To: Jamey who wrote (1628)5/18/2006 1:19:46 AM
From: SliderOnTheBlack  Read Replies (1) of 50769
 
re: ["You cannot trade this market with any degree of success by trying to catch tops and bottoms. Anyone who tries has my sincere condolences."]

Really now ?

And here I thought cyclicals were called cyclicals for a reason...

So, your premis is what?

Trade growth stocks and buy & hold cyclicals?

re: your comment of:
["Anyone who tries (to trade the tops and bottoms) has my sincere condolences"]

Well that strategy certainly worked well for the goldbugs for twenty years following the last run up in gold -- now didn't it?

stockcharts.com

And more recently?

stockcharts.com

The problem is that during that rollercoaster ride -- very few of the 'bugs were actually able to "hang on"...remember the ANNIVERSARY Post regarding the "all time low sentiment reading" -- as reported by Hulbert's Digest last year?

I'm curious as to one thing...

Why do the 'bugs all show up here en masse -- during these shakeouts (vbg)?

You guys need to be shoveling your crap back at the 'bugs that are breaking out the lifeboats -- like the Kitco Crowd... you're wasting your time here...with this rationalization, denial and self-delusion.

SOTB
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