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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (6045)5/1/2002 3:37:55 PM
From: Jacob Snyder  Read Replies (2) of 33421
 
We are seeing more and more professional recommendations of bonds. And, in stocks, we are seeing more and more recommendations of non-techs. Which just continues the usual pattern: the professionals recommend whatever has worked in the recent past, and their recommendations have little correlation with what is going to work in the future. The fact that stocks have gone down the last two years, says nothing about whether stocks will go up or down this year.
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