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Re: DewDiligence post# 108221

Friday, 11/05/2010 2:30:04 PM

Friday, November 05, 2010 2:30:04 PM

Post# of 257262
Dew,

<I sold out of all stocks in 2007 and went to cash, bought back in 2009 pretty near the bottom…>


{{{You and 95% of the people who post on investment message boards.}}}


Now that was funny, but don't you see that it makes perfect sense. These message board geniuses all sold near the top in 2007, and that caused the big market decline. Then they all bought back in at the bottom in 2009, so of course all that buying drove the stock market higher. It really is so simple. Of course it depends what stocks they bought back into in 2009, and how they performed since buying them, but why bother them with details.

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