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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: ayahuasca who wrote (43958)	6/10/1999 2:21:00 PM
From: Tradelite	Respond to of 120523

<<It all seems kinda ridiculous doesnt it? It is amazing how the threat of a 1/4 point rate hike can completely scare the shi* out of the market.>> Ridiculous....is an understatement. Everyone would be better off and the market would be a lot more stable if all those analysts and Wall Street brokers weren't given so much free air time by the likes of CNBC. I'm convinced some of these people try to encourage their investor-clients to turn over their shares any chance they get to generate more commissions for the brokers. Therefore they become the voices of doom, gloom and stock downgrades at the slightest opportunity. (You'd think the analysts who downgraded Pfizer believe that Americans will stop getting sick and no more research on drugs is needed or will be done by this company ever again.) Also, I wonder what the beef is about a little inflation or a tiny increase in interest rates. Would people prefer to hear that prices are depressed because the U.S. is in a recession???? Makes no sense whatsoever. My 2 cents.