**OT**
Pamela,
Thanks for the humorous post! I love these sorts of things,
rife in market journalism.
>>...I feel that this stock has already had it's move
up...<< To $3.75!! Brilliant!
May I suggest some reading material? "The Experts Speak" by
Christopher Cerf and Victor Navasky, published by Villard.
It's full of this kind of stuff.
May I give a few examples? On the Crash of 1997:
"A bear market is likely....It could go down 30% or 40%.
Barton Biggs, chief global strategist Morgan Stanley, Dean Witter.
(He's one of my personal favorites. During this time saw him
do 5 minutes on CNN explaining why the market would crash
then close with, "But maybe it will go up."!!!)
"This wild seven-year ride is over, finished, finito. Put a
fork in the bull market, it's done." The Union-Leader,
Manchester, N.H.
"It's going to be really ugly tomorrow." Bobby Cohen,
floor broker of the NYSE, October 27, 1997.
On Oct. 28, 1997 the Dow Industrials rose 337.17 points,
the largest one-day gain on record. You know the rest of
the story.
Cheers,
Bond |
