V. 19:6 (10-19): Letters

V. 19:6 (10-19): Letters
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LETTERS TO S&C

MARK D. COOK: SIMPLE WISDOM

Editor,

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).




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