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To: Bald Eagle who wrote (131810)6/8/1999 5:49:00 PM
From: Frank Ellis Morris  Respond to of 176387
 

RE: Contrarian Indicator

>> I don't know how many times I've seen a major brokerage recommend a buy when a stock is 50 ( for example ) and than a sell when it is 25.<

You are probably right except there are times when one brokerage house is upgrading a stock one day and another is downgrading it the next. There seems to be more detriment and damage done when ever there is a downgrade

Best Wishes
Frank