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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%4:00 PM EST

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To: pater tenebrarum who wrote (31135)10/22/1999 9:35:00 PM
From: Gary Wisdom  Read Replies (1) of 99985
 
Heinz, you won't find any disagreement from me. I am in the camp that believes that analysts are purely pawns for the partners in the large investment houses to push stocks and the markets in the direction that makes them the most money.

One thing that has always pissed me off is that CNBC will NEVER bring up all the calls that were plain WRONG by analysts. It would do their viewers a huge service by pointing out that following the analysts will quickly bankrupt you.

But of course, if they did that, they wouldn't be able to have them come on anymore.

In any case, I'm on a personal boycott against CNBC anyway. I find that I enjoy my day much, much more by keeping the TV off these days. And it's interesting I'm doing much, much better.

They are the devil. What is the funniest part of it is is when they have the bimbos try to do technical analysis. I've pee'd on myself many times hearing that Kathleen so and so tell us tech support on various stocks.

She'd do better if she was naked. But then again, if she was, it'd be a pay per view station, wouldn't it?
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