SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JD who wrote (1156)2/26/2001 3:33:06 PM
From: JRI  Read Replies (1) of 52237
 
No doubt....I also don't understand Angell's willingness to put % figures on his predictions....only setting himself up fall from the pedastal (if the Fed doesn't cut)..

The key to a long life for all those Wall Street hypersters is to stay as nebulous and confusing as possible AS LONG AS POSSIBLE, while hedging all the way.....that way, no one can pin you down if you are wrong...

Example text: "We foresee the possibility of a moderate-to-strong rally within the sector, however it IS possible that we could see some further extended downside, perhaps lengthy in nature, before a rebound of some kind takes place"

In the case of Angell, it should've gone like this: "We believe there is a good possibility of an intermeeting rate cut, however, we would not be surprised if the Fed waited until the next meeting, according to past practice"..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext