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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (12507)	7/24/2001 8:58:48 AM
From: donald sew	Read Replies (2) \| Respond to of 52237

Last night on CNBC, an analyst was being interviewed by Ted David, sorry I forget his name. This analyst's fund has done very well over the last few years, and TED asked him whether he would be able to continue such good performance. He responded "ABSOLUTELY NOT!!!!" He gave credit to the hot market in the past, and realized that will not continue. This analyst even made money during 2000 and this year, by rotating out of HiTECHs on a timely basis. Now lets think of it this way, and this comment is directed more towards the average investor not SI readers. If this analyst was able to make money where most analysts were not able to, and was able to time the HiTECH top fairly well, he must be quite good. Would one rather take his advice or would one rather take the advice from the many more analyst that told people to buy at 5000 NDX. Now - his advice is that the high returns of the recent past are over. Yeah, dont listen to him, listen to the overly bullish analysts who told everyone to buy at 5000 NDX. I wished I remembered his name. As much as we should remember the names of the analysts who were so wrong, we should also remember the names of those who were right.