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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (10945)12/5/2001 8:07:17 PM
From: LTK007  Respond to of 99280
 
<seasoned> would be quite an acceptable word for old--but in trading the longer you are at it(i.e.the older you are)it is known they perform better than those of less experience.
They did a survey of the older versus the younger traders in money managing the years 1999 through 2000,and those with more than 20 years of experience won hands down.
Max p.s. your the one the got jammed on the word old,your the one who allowed that word to think he was being disparaging.When anyone knowing Cashin would know otherwise.
By the way,his sarcasm regards those plunging in now,was simply that,that they are plunging in NOW --the smart money already have a massive gain,and likely many are now leaving the boat that the "i can't the miss boat" herd are now fighting to get on,and thus are back on shore.Max