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Strategies & Market Trends : Watching the market collapse -- Ignore unavailable to you. Want to Upgrade?


To: paulmcg0 who wrote (27)7/30/1999 2:00:00 PM
From: pater tenebrarum  Respond to of 150
 
<<of no real value to society>> - i couldn't agree more. re: analysts: in a bull market you don't need them, in a bear market you don't want them.

hb



To: paulmcg0 who wrote (27)7/30/1999 2:50:00 PM
From: re3  Read Replies (1) | Respond to of 150
 
I believe Jack Bogle of Vanguard fame said only 5 % of revenues for mutual fund co's actually goes into research, the rest, the other stuff...

ike



To: paulmcg0 who wrote (27)7/30/1999 7:36:00 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 150
 
* Market makers The function of a MM is similar to that of a pimp, matching buyers and sellers, while taking a large cut of the money.

A glaring analogy. Too funny.