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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (26821)12/21/2000 7:22:36 PM
From: cyberian-husky  Read Replies (3) of 65232
 
>>>they have been doing a lot of downgrading lately<<<

Of course they are downgrading! Their last upgrade called for Yahoo to reach 180 and JNPR to reach 300.
They would look pretty stupid to keep such outlooks when the price tag reads 34 dollars.

You are looking at it from the wrong side. At least that is where your emotions are looking at it from.
All the logic, that CNBC and the analysts give you, fits well in that normal (or "above normal") brain of yours and you buy into it.
It's a mind game.
You hear stats that every year the market does this or that and your emotions lead you down a path to expect that.
This year they played right into it.
What was different?
The Fed raising rates! Taking back what they already gave to us.

It's just my opinion and I'm not saying you are wrong.
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