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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: MARK C. who wrote (18523)3/20/1999 2:24:00 PM
From: Stash  Read Replies (2) of 90042
 
Mark,

<It sure seems coincidental that morgan warns on IBM the Dows biggest winner this last year and just happens to do it on options Friday and with the Dow sitting at 10,000. My question Does anyone think they just realized this today, 2hrs before the close. Maybe but I have my doubts. JMHO, MarkC.>

Maybe WE are both paranoid Mark, but these revelations from some analysts at a very critical point in time, seem too coincidental.

Remember DELL?

Dan Niles of ML warned on Dell's future revenue growth on a Wed. after the mkt close. Enough time for ML to get their clients out of Dell at or near the high. Earnings were to be announced after the bell on Friday, if I recall correctly.

Many investors would have bailed on Thursday not holding through earnings. Call me paranoid, if you will, but with so much money riding on these market moving calls, the large firms (Sharks) can make their future on the backs of all of us (guppies). Could not agree more with your post Mark.
Also,JMO,Stan

Late post...just catching up.
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