Formerly About Applied Materials Message Board

STOCKTALK

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.

Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: advocatedevil who wrote (50279)	8/8/2001 9:44:15 AM
From: Kirk ©	Read Replies (2) of 70976

RE: I have to wonder where we would have closed today if CSFB had come out with a bullish call instead of a bearish one. It sure raises a flag that makes you wonder if CSFB was mostly out of the stocks and wanted to bring them lower to get back in? Can you imagine owning a used car lot full of cars and telling people the cars were over priced? But if you had an empty used car lot and wanted to restock your inventory, you might go on TV and talk up the new cars and say how poor the used car market is. This would, in the short term, lower the prices of used cars so you could then buy some to sell later at a larger profit. IF anyone doesn't believe this sort of thing happens for stocks, then go to "First Call" and look at a company like Intel where they plot the stock price vs time with analyst ratings coloring in the graph. Intel is a "Strong Buy" near tops and has a much lower rating near bottoms. I think your short term trading takes good advantage of this monkey business, but you have to guess right as the timing of their upgrades and downgrades often has no relationship on facts. :) Kirk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next