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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo11/6/2007 8:09:39 PM
   of 209892
 
This may pass as "Sentiment"...but FWIW..and with apologies for subjecting you to Cramer....but it deals with 3 of my favourite MoMos..

<<Apple (AAPL), Research In Motion (RIMM) and Google (GOOG) are soon to be over the hump. As we get closer to year-end we are going to see these stocks ramp as they become the most obvious ways to show that you know what you are doing.

Every few years we get into a situation where the year is in its final months and there are some names that everyone knows including the trustees of mutual funds and investors in hedge funds. At this point you can only imagine the questioning:

"How come you didn't buy Google?"
What were you thinking when you passed on RIMM? I love my Blackberry."
"Did you think the iPhone wouldn't be big?"
Plus, you also get into this jolly analyst period where the analysts know they can please their clients by simply raising their price targets to augment their customers' performance.

It's called a virtuous circle, and Apple, Google and RIMM are at the heart of it.>>
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