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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: bbgold who wrote (11421)	6/15/2003 2:16:23 PM
From: Sojourner Smith	Read Replies (1) \| Respond to of 11447

no, but I think a lot of people delude themselves into believing they can picks stocks consistantly using any method. My point was that the only hope anyone has is position sizing. Unfortunately, I am amazed that many people don't understand that concept, because most posts relate to guessing market direction or stock selection. Look what Jorge on Galopagos has done. He is very bright but was barely able to beat a coin toss at guessing market direction. So I think many are high on self delusion.