View Single Post
  #6  
Old 11-12-2007, 03:00 AM
Jimbo Jimbo is offline
Senior Member
 
Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 4,376
Default Re: Stock Picker Program

[ QUOTE ]
[ QUOTE ]
If I had a program that could beat the market with no human intervention I wouldn't sell it to others for $279.

[/ QUOTE ]

Why not? Just because you sell the program doesn't mean you still can't make the trades yourself. There are lots of trading systems being sold, many of which probably beat the market, or they wouldn't have so many customers.

[/ QUOTE ]

Over a million pet rocks were sold in the 70's, that doesn't mean they were a good investment. For that matter a boatload of shares of ENRON were sold, many people made a profit, most did not. The Hunt brothers had a surefire trading system for buying/selling silver. They have trouble buying a cup of coffee at a Starbucks today.



Jimbo
Reply With Quote