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Pastimes : SI Stock Pickers, The Good, The Bad, and The Ugly
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To: BarbaraT who wrote (45)4/28/1998 9:19:00 PM
From: Andrew G.  Read Replies (2) of 201
 
Barbara I'm trying to understand how you feel about this

I think it's important to understand that some of Joe's picks are strictly daytrades others are "intermediate holds" and others are "long term" and in each and every case there will be occasional averaging up and averaging down. He had the picks listed that way.

Nothing is more frustrating than finding someone in a leadership role showing signs of contradiction, but I don't think that necessarily applies when we are dealing with a experienced trader like Joe. It's really a matter of personal style. Nobody is under any obligation to buy or sell the stocks he picks. Likewise nobody should be surprised if he makes an about face. We all should be warry of "follow the leader" syndrome when it comes to stock picking. It's a gamble no matter how you play it.

Good luck to you.
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