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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE

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To: Brader who wrote (1133)2/6/1999 7:17:00 PM
From: telecomguy  Read Replies (1) of 2453
 
I am in absolute agreement with you.
I have no respect for lot of these brokerage houses. They do lot of manipulations, pump & dump, and generally spend most of their time covering their ass - to ensure they don't lose their job or at least make their bad analysis look good by blaming unsubstantiable facts for their negative outlook.

I also felt uncomfortable when YF sprinted to $15 last summer -- all with the push of these brokers.

You know, it was these same "stupid" brokers who while advising their clients to be calm and ride out any stock market downturn (like the one we experienced in the late summer) -- they were the main drivers of selling which caused the Dow, TSE to plummet 25% in couple of months. Meanwhile, the individual retail investors held steady!

I don't own one share of Mutual Funds - as they must be the greatest legalized scam/larceny in the history of financial markets. The institutional players are bandwagon jumpers. Unfortunately lot of people follow them.

But there is a way to make money from the volatility caused by these institutions. Buy when the stock seems down & out and all the institutions are bailing - especially when the fundamentals are strong........ and then sell when the hype causes the stock to overshoot.

This is the beauty of Small Cap.. When they are out of favor -- they take a pounding WAY beyond what they deserve (and this is the time to buy) and then shoot up like a Shooting star when they get a nice mention from an analysts or report a surprising quarter of profit.

Time to buy more YF stocks and average down further!

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