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To: Boplicity who wrote (5050)11/16/2000 10:45:19 AM
From: Dr. Id  Read Replies (1) | Respond to of 10934
 
I seen the greed, the despair in traders eyes, I have known many traders and investors to lose
it all on blind conviction.

Greg


I've also seen people try to time the market, trade on technical analysis (which is equivocal in it's validity), and lose a lot of money, while those that believed in a good company and held long term reaped huge benefits.

Dr.Id@anotherviewpoint.com



To: Boplicity who wrote (5050)11/16/2000 6:44:38 PM
From: Joshua Corbin  Read Replies (1) | Respond to of 10934
 
I have worked in the pits on the trading floor, I seen the greed, the despair in traders eyes.

OK, so let's get serious for a minute. Either NTAP is a company that will outperform the index, bonds and money market over the next X years or it isn't.

Why trade? Most traders, even if they make money, underperform the index! Since the odds clearly are NOT in your favor, why bother?

Eighty percent of all mutual funds don't beat the market. Sixty percent of all investment clubs don't beat the market. Fifty-four percent of individual investors don't beat the market. What makes you think you can?