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To: Uncle Frank who wrote (114768)	2/28/2002 7:33:57 PM
From: Dennis O'Bell	Read Replies (1) \| Respond to of 152472

I think many of the disrupters are actually precocious high school and college kids hiding behind trumped up profiles and looking to build reputations through winning wars of words. Actually, some of them lead me to believe they were already middle aged in their teens, with their condescending appearances to know more than anyone about the market and life itself. The kind of know it all contempt for others they relish displaying doesn't generally appear too early in life in my experience. But who knows, you could be right, if they were that bright what are they doing spending their time showing off on chat boards like SI? At least a minority do back up their arguments in such a way that one can independently verify what they're saying, that's been useful and interesting.

To: Uncle Frank who wrote (114768)	2/28/2002 8:30:34 PM
From: sea_biscuit	Respond to of 152472

I think it's admirable that he had an interest in equities and was reading about them, but I hardly think it qualified him as a market guru. Maybe not. But I think he has at least started off on the right foot.

To: Uncle Frank who wrote (114768)	2/28/2002 8:39:17 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 152472

but I hardly think it qualified him as a market guru. He didn't need to be a guru. He was merely right. LOL

To: Uncle Frank who wrote (114768)	2/28/2002 9:57:49 PM
From: S100	Read Replies (1) \| Respond to of 152472

<precocious high school and college kids hiding behind trumped up profiles and looking to build reputations> I agree with you but do not think they could gain much from posting what is mostly nonsense on SI. So perhaps precocious is not the proper word. Remember when 9 out 10 new buildings in your town were S and Ls? Now in one small part of this town, former S and Ls are pizza, coffee, video, dress shop, copy places, and doctor offices. Remember Black testifying on Lincoln S and L? Just now replaying some tapes from then. How about the big flap when the Dow went over 3000? Lots of interesting sound bites from then. Remember when every year or so, your stock broker disappeared and you had a new broker? Many of the nonsense posters seem to be born long afterwards, even though it was not very long ago. There is a school of thought that only newbies are able to take the risks to make big gains and most times, big losses in whatever the current investing environment is when the market enters a new phase. They are not going to be doing it with my money, which is one good reason to avoid any mutual funds except index funds.