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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

+0.7%

Nov 26 4:00 PM EST

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To: Gary Wisdom who wrote (23236)	8/17/1999 9:14:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Gary, as long as the rules of the game are understood by everyone it's fine...i often use upgrades as a shorting opportunity if they seem suspect. i still remember DLJ issuing a target of 280 on AMZN and Prudential 180 on NSOL...it's been nothing but downhill ever since. or Mary Meeker's 'strong buy' on AOL at 140... i agree that the SEC should look into these things, specifically to find out if upgrades are used for dumping inventory, which probably happens quite often.

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