Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (41094)	6/27/1999 11:22:00 PM
From: Berney	Read Replies (1) of 94695

Bill, In general, you converted me to TA a long time ago! However, with all due respect to Mr. Murphy, I'm not convinced "it's all in there". We are at an interesting point where most corporations take the position that they cannot comment on their earnings in the thirty day quiet period before their release. The anal-ysts know this, and chose this time period to play their games. They attack with some BS statement knowing that the company won't defend itself. As an example, take a look at the chart of ORCL. If you or I took a position and then influenced others for our financial gain, the flies would be all over us. Yet, the brokerage houses do it with impunity. I look forward to the day when some smart attorney levels a class action suit against the brokerage houses on this issue. It is obvious that the Pirates (I mean the Regulators) are not going to do anything about it. Until then, TA is as suspect as FA. Berney

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