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Strategies & Market Trends : Sharck Soup

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To: rupers who wrote (17783)	4/22/2001 3:07:56 PM
From: American Spirit	of 37746

I'm not aware of any long scams but if you find them short them. I was aware of one 18 months ago though (KLOC) and should have shorted it. Down from $22 to bankrupt as I predicted. But those long scams are a thing of the past. Recently the scams have been on the short side. Like the Lu bankruptcy rumor. Dishonest evaluations of any kind are contrarian indicators. Unfortunately some brokerage house analysts have also become contrarian indicators (dishonest). Just look how many downgrades we had at the bottom and how many upgrades we had last year at the top.

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