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Strategies & Market Trends : Angels of Alchemy
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To: noneed who wrote (22306)11/30/2000 7:18:31 AM
From: SirRealist   of 24256
 
GTW: same BS that TSTN pulled. And here's info about the upgrades/downgrades.... not really new:

1) In a bear mkt, an upgrade or a downgrade is the broker wanting to sell.

2) Track the up & downgrades on a few of them... sometimes you see the same stock upped & downed 3-4 times a month now. Not a one can be trusted.

3)Downgrading a beat-up stock is often a signal of a squeeze about to happen.

4) Ratings create trades, which begat transaction fees. Brokers are hurting on the UW revenues so are issuing more ratings to fatten their fee revenues.

5) Second week of December: brokers will be issuing earnings warnings on their selves.
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