LETTERS TO S&C
MARK D. COOK: SIMPLE WISDOM
Your interview with Mark D. Cook in the March 2001 issue of STOCKS & COMMODITIES was excellent. It’s
refreshing to hear the views of a totally independent trader.
Many so-called experts in the investment arena have some kind of hidden agenda. By far, Cook’s greatest wisdom lies in his simplicity of approach: “Buy when
everyone is selling and sell when everyone is buying.” This solid investing principle would have warned you of a possible top at 5,000 in the Nasdaq (now about 2,000) and of a possible bottom on the Commodity Research Bureau Index (CRB) at 185 (now about 225).