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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: long-gone who wrote (29702)4/21/2000 4:05:00 PM
From: Jorj X Mckie  Read Replies (3) of 63513
 
Which take? I am talking about a number of the analyst that have come on and not necessarily about MSFT. Also, the overwhelming mood on SI is that the MSFT news is going to tank the market on Monday.

The thing is, this news was known by the "smart money" a few weeks ago. Fleck has been writing about it and somebody from GS downgraded MSFT in anticipation of it. Now that the news is out, I believe that this turns into a "sell-the-rumor, buy-the-news" situation. I could be wrong of course, and I would encourage that caution be used by anyone taking a long position as we don't have a clear upward trend, but I see this as a bullish indication.

Generally, I assume that anything that is said by an analyst is self serving and should be interpreted as the opposite.
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