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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (51012)4/3/2001 9:41:04 PM
From: Sawtooth  Read Replies (2) | Respond to of 77400
 
<<If you have a website that tracks people's guesses as to how a stock will perform, would you go with the herd or bet contrarian? It's a tougher question than it seems, because your first thought will probably be mine, which is I am smarter than the masses, so I'll go contrarian. But then the doubts kick in, what if the masses create momentum in the stock which drives the stock up temporarily.>>

Reminds me of a quote that I'll paraphrase because I don't remember exactly how it went but essentially, "A contrarian is only right at the point of a trend reversal. Everyone else is right in between."

Makes sense to me.

.......VVVVVVVVVV