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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: hjz who wrote (2309)1/18/2001 8:43:24 PM
From: Jenna  Read Replies (1) of 6445
 
While anyone tries their lame effort to get the traders who utilized and capitalized on those unbelievable and ridiculous upgrades from analysts that gave rise to this ridiculous bubble you will have your work cut out for you. No one fixed a market, no one moved these stocks to impossible highs in the triple digits except the analyst. I don't recall raising estimates of 'sick' stocks to triple digit price targets only to have them deflate like balloons over a raging volcano. We called the pending downfall in the end of September, but those fattened and belching from the surfeit of huge gains couldn't even see fit to take profits but were avid to add to those gains.

That we saw through the hoax was our boon and bust of many an analyst and money manager for want of a real economic surge they chose to inflate that bubble. I hope we can continue to short the bubbles created by those who have no idea what the economic climate is and their sole regard is to keep up their accounts, so they show up as high volume so as not to endanger their jobs, so they just upgrade and upgrade until we have another bubble. We are already getting close to another bubble and if the public are inflating that bubble, the shorters will get them again and we welcome them, until then we will go long without compunction. If investors choose to buy, buy, buy without any regard except their own profit (which is understandable), without any real analysis of the REAL economic situation here and abroad than so be it. I spend a lot of time analyzing world economic markets and am still stymied by the 'head in the sand' outlook of market mavens. If they miss what is going on, I'll be damned if I can't and won't take advantage of it.
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