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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (27404)2/4/2003 9:39:09 AM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
Market Timers, most of'em? Here on the Strictly Drilling thread we don't consider ourselves as "most of them."

Regards,
Frank P.



To: loantech who wrote (27404)2/4/2003 9:54:31 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 36161
 
>> Of course most of the timers have been shown to make the least amount of money over time so <<

You can't be in this market and be successful UNLESS you're a market timer. I think it will be that way for many years to come.

The reason why people are negative on market timers is because the street has a vested interest to promote "buy and hold, don't worry about your investment loses" BS. They look at the past 20 years (prior to the bear) which are not representive of the stock market as a whole or the current environment.

In about 3-5 years market timing will be all the rage again as people realize the obvious.