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Revision History For: Stockbrokers: who's agenda?

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I started out in "...trust me" mutual funds about 12 years ago. I started choosing my own mutual funds 7 years ago. I turned to a stock broker 16 months ago. Each step has been an education. Now I'm trying to figure out why recommendations that I get every month or so are crashing.

My broker keeps suggesting I buy stocks that have reached 52 week highs and ignore the short term losses. Hold for the long term. The stock very often goes down over the next month or more. In fact I have found that if I ignore the recommendation and wait for a few months the price will more often than not be significantly lower.
eg. Qlt last month @ $32...now 26+
O'Donnell Emerg. Mutual fund last month @ 5.18....now 4.19 Dimathaid 5 months ago @ 4.60....now 2.85.
Alphanet last month @ 11...now 8.75

I know this is all a game and no one can predict the future but, this is one of the top three Brokerages houses in Canada.

I have a hundred questions and comments but I'm looking for wisdom. Would anyone out there like to offer some insights into 'stockbrokers'?

JimBo