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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Kevin who wrote (10293)11/23/1997 11:47:00 PM
From: kas1  Respond to of 94695
 
Kevin, this is really a minor squabble. But the point is it's much too easy to write-off people because of some very arbitrary criteria. The amateur in question makes a living polishing floors -- so what. He comes home every day with a net profit, and that is more than any professional stock trader can say. Besides, how many people on this supposedly expert thread of ours are professional traders? Certainly not I.

As for having heard of Intel, some people would call you and me idiots for not knowing all the board members' names of companies we own. All such criteria are arbitrary. You and I can spout off a few phrases about Intel Corp, maybe name its president and its major products -- does that put us any closer to making a killing in the stock? Does it make us any more qualified to comment on it? I think not. Let he who is without ignorance cast the first stone.

Don't lose sight of our theme song: BWDIK.



To: Kevin who wrote (10293)11/24/1997 12:06:00 AM
From: Kevin  Read Replies (2) | Respond to of 94695
 
Konrad,

Last round.

When was the last time you bought a stock not knowing at least WHAT THE COMPANY DID OR SOLD, TO GENERATE IT'S REVENUE?

Strike that, when was the last time you even considering buying a stock without knowing what it did or sold to generate it's revnue?

Or how about, when was the last time you bought a symbol or considered buying a symbol without knowing what that symbol did or sold to generate it's revenue?

k



To: Kevin who wrote (10293)11/24/1997 7:26:00 AM
From: Tommaso  Respond to of 94695
 
Kevin, I enjoyed your anecdotal evidence and I think it's significant.

I never imagined it had got to the point of people just buying symbols. At least horses have names.