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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: Monty Lenard who wrote (6458)2/16/1999 8:58:00 PM
From: James F. Hopkins  Read Replies (1) of 99985
 
Hi Monty; I guess it's the word Anal-cyst, they spell it wrong,
had they cut estimates to 1 cent she would have done even better
------------
The idea that these things really trade on earnings is a joke,
It's a MO MO market not an earnings market.
Also I can picture the phone calls back and forth and the Big
fund managers agreeing on which one they will dump and which one
they will hold, depending on who is in which fraternity. <G>
If your in that circle and you dump a stock before letting the
others know you get dropped out of the loop. Make em really
mad and they will gang up and short your holdings, they are
all looking up one anothers arse.
AMAT is worth about 1/2 of what she was in 98 , but that
has little to do with it.
Jim

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