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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Hector who wrote (109959)3/17/1999 6:32:00 PM
From: edamo  Read Replies (2) of 176387
 
david...re: market timers vs buy/hold..

i've been in the market since the sixties...old enough to remember a busy day on the nyse of 15m all inclusive, otc was something you wouldn't touch, traded options prior to secondary markets...

i think if you will look at buy/hold vs timing in the period you note, and even prior you will see that timing not as good...

mutual fund managers have been market timing for the past few years..results not as good as the indices...no one has ever or will ever be able to consistently call tops and bottoms...you would agree that to think of that possibilty is foolish...

daytrading foolish...isn't it a form of market timing?

were the cd holders you refer to better off than the long term buyers of ko,gm,t,ibm,who bought same in the bad years that you allude to...i don't think so...

i'm young enough to be able to change...the hell with the psychology of others...if they can't handle investing then they should keep money in a cookie jar...you can't show me with hard and fast data how timing,asset allocation shifting,hedging whatever you call it, outperforms buy/hold of quality issues...i welcome your proof...regards, ed a.
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