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To: Eric Wells who wrote (73805)8/14/1999 3:49:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Eric, I don't think it is any more useful than if you had posted their return on April 20. Posting return after a big move one way or the other is skewed by whatever recent extreme in sentiment.



To: Eric Wells who wrote (73805)8/14/1999 3:51:00 PM
From: 10K a day  Respond to of 164684
 
Hey...Eric,
I agree..
Here is a 6 week sentiment 'indicator.'
10 of 105 portfolios positive,
and median portfolio down 20.64 percent.
impristine.com



To: Eric Wells who wrote (73805)8/14/1999 3:52:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
I believe it is a useful exercise to step back every once and awhile and evaluate the past performance of a stock.

True but the problem is a yearly ranking can be an erroneous time cutoff as it happens to be in this case. If you included Nov and Dec of 1998 in your rankings you get a completely different picture.


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