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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (65587)10/13/1999 10:26:00 AM
From: Bryan  Read Replies (1) of 90042
 
You would be buying into the momentum created by an analyst's recomendation. Not a good idea IMO. Let it settle down....after the fact and then re-assess the situation. Big investment house analysts get paid by how much commission they generate after an recommendation, upgrade/downgrade, etc. With this in mind, IMO, you should always let the dust settle first. If you buy here with a take-profit @ $72 and a stop-loss @ 66, you will get stopped out.

Just MHO.

bk
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