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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (207)6/7/2000 8:26:00 AM
From: rrufff  Read Replies (1) | Respond to of 5425
 
Excellent comment.

I learned very early not to trust anyone who claims to be right in the market all the time. Even the best pickers can't pick more than 70% over time. So when you see these characters claiming to be right 100% or more AND timing it perfectly, I just can't imagine how they get so many lemmings to follow. I realize the beauty of being able to selectively post your picks to these boards can make one appear to be (what I call) 110% right 110% of the time. Seriously, don't most people see through it.

Again, I commend those that actually find fraud. I certainly disagree and comment loudly on management practices that essentially steals from shareholders. But the style of these self-styled gurus, taking a position and then trying to will it to happen with lemmings that blindly follow is beyond me.