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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: isopatch who wrote (29826)2/12/2002 4:48:31 PM
From: Paul Shread  Read Replies (1) of 52237
 
From Frank on SD II:

Bill Bonner excerpt:

*** Brokerage houses almost never issue "sell" signals. They hold stocks such as Global Crossing, Cisco, WorldCom or Enron...until the share price goes to practically zero. Then, and only then, do they change their rating from "Strong Buy" to "Accumulate." Imagine, then, the excitement when Prudential told investors to sell...Newmont! It seems to be okay to sell gold producers. They must not give Wall Street enough business.

*** Prudential's sell signal on Newmont may confirm that a new bull market in gold is developing.
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