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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%Nov 24 3:59 PM EST

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To: advocatedevil who wrote (50279)8/8/2001 3:17:06 AM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
AD, long before you started Posting here, I described them as the AMAT YoYo Players. When the Stock started to go down, they timed their Bearish Calls; when the Stock started to Climb the Others made their Bullish Calls. They are adept in moving the market ST.

Yes, you're right --- they help the ST trader. You benefit from them because they help AMAT fulfill his habits of Dropping about 10% every now and then even when the trend is Up for the stock.

As for CFSB, it seems its followers are Lukewarm to its Bearish Call. It reminds me of a Salomon Guy when AMAT was going down during the last Bull Market --- predicted AMAT would stay many months in a trading range from 76 to the low 50s. AMAT stopped going down at 62.25 then went up not only to 100 but to 230 (115 post-split). What happened was the Leader became the follower of his followers on the way Up. What I'm saying is Paid Analysts are good only for ST for the benefit of Client Companies, Funds or Brokerages that earns more money when trading frequently.
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