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Pastimes : ASK Vendit Off Topic Questions

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To: Walkingshadow who wrote (16752)12/2/2000 10:51:56 AM
From: Annette  Read Replies (1) of 19374
 
The problem is the "analysts", who can move stock prices with their upgrade/downgrades.
I understand that the chart/technical investing is probably the purest way of doing things. But now with online investing so common, the element of 'emotional' investing comes more into play, as seen in Etrade and other brokerage TV spots.
How many people are out there buying because they 'feel' Company X's product will change the world, or because Johnny Investor in the cubicle next door at work tells them that a stock is so great everyone is buying it. (It happens- all you need is ONE person in an office that has a real broker spreading the word on a stock)
I don't know if such things have changed the investing world since "Investing for the Common Man" has become a integral part of the Stock Market.
Maybe someone who has been in the market for many years can comment on how the landscape has changed....

Annette
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