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To: rudedog who wrote (139069)8/12/1999 9:18:00 PM
From: stockman_scott  Respond to of 176387
 
<<I have not met this guy but, in my "professional" capacity, have met a number of Wall Street analysts. They seem to have a race on to see who can get to a conclusion on the least data. They remind me a little bit of lawyers - more in love with their own logic than the data. This is not the first time I have seen a minor third-order effect blown up into an earth-shaking event by an analyst.>>

LOL..I totally agree!!

Best Regards,

Scott



To: rudedog who wrote (139069)8/12/1999 9:40:00 PM
From: lin luo  Respond to of 176387
 
rudedog,

The analysts sometimes, or mainly, have to work for their clients. I remembered during 93-94 periods, copper was in a bear market, one guy (fundamental) in London to sync another (technical) in New York, to boost the prices, regardless the facts. This was due to the clients' bad positions (from Chile and Japan). They sometimes have the right to trade 10 shares or one contract of options to test their views.


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