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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: TechTrader42 who wrote (33688)4/3/2002 11:37:29 AM
From: Terry Whitman  Read Replies (1) of 52237
 
I don't know what you're doing- But I'm following the Wall street Anal-ysts recommendations. Their analysis is always rock solid. If I had just followed their advice and bought Yahoo at 200 and AMZN at 300. They've been steadily downgrading and lowering estimates for some time now. Trust them, they never steer you wrong. Only a sucker would buy anything here..

>The market has rotated to the downside following a mixed to mildly favorable start. The negative commentary (Goldman Sachs cuts enterprise software estimates) and downgrades (machinery stocks, IGT, SKIL, BAX, WCOM, MU) in the midst of warning season (VRGE, ATI, CKCM, SMTF, AVID, RHI, CMRC, RHI) has left market participants without much incentive to step into the fray on the buy side.<
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