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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (679)12/14/1998 11:15:00 AM
From: Rande Is  Read Replies (3) of 57584
 
Oppenheimer downgraded Adobe Systems, on our LONG board. . . price fell to 39 then "magically" some big buyers moved in and scarfed it up at a bargain.

Looks like the 'pump and dump' in reverse.

I guess a strategy of buying stocks would be to follow the downgrades. . . wait 15 minutes and buy them for a quick buck.

I'd love to see statistics on the direction of stocks immediately and within several days of an upgrade or a downgrade by a major broker. Would probably shed some light on how things work. . . make a great story . . .any journalists out there?

Rande Is
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