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Good advice

From Bill O'Neill, via Chuck Jaffe's latest column:

Bill O'Neil, the founder of Investor's Business Daily and author of "How to Make Money in Stocks," told me this week that the idea for most investors is to find a system that works for them and to then stick with it, knowing that they will never be right all of the time but that if they win more often than they lose, they'll make money in the market.

"Most people would be better off if they found a system they could live with," O'Neil said. "You will always have times where you say 'I could have made some money in there,' but if it's against your rules and your rules work over time, you can live with the mistakes."

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