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Subject: Re: What to do with a losing IRA | Date: 11/27/2004 8:46 PM | |
Author: Quakeboy02 | Number: 43315 of 88045 | |
However there is one thing i have learned. When everyone is bearish, be bullish. When everyone is bullish, be bearish. It is not easy to time the market and my results have been mixed. However many have professed to doing it, and doing it successfully. I am a new trader Zonties, I responded to your other post just now, and this post just confirms my fears. You are a new trader, and you are of the opinion that market timing can be done BY YOU. The evidence shows that money managers with many years of experience are not even capable of timing the market successfully. Please reconsider what you are doing. Blindly trading hidden gems, day trading, market timing; you're on the road to financial ruin. Hedge |
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