Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (31285)	10/24/1999 9:27:00 PM
From: KM	Read Replies (1) \| Respond to of 99985

Thanks for the response. Very well reasoned. I was just surprised at the timing because I thought all the P&F indicators were still in bull territory at that time. You'll get no argument from me on your fundamental analyses.

To: Eric Wells who wrote (31285)	10/24/1999 9:30:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

Eric: "I saw both stocks decline rapidly in the weeks that followed - I got out before losing too much - but the experience of buying two stocks that were so highly rated (by respected institutions no less) only to see them fall rapidly made me realize that the market was not on real solid footing." Respected institutions is an oxymoron. Your problem was that you didn't realize you sell upgrades (like those who are doing the upgrading are doing) and buy the downgrades (like those who are doing the downgrading are doing). Do you really think these boneheads are paid 7 figures to give out timely buy and sell recs to the public gratice? Upgrades are ONLY done for two reasons: To facilitate the equity or debt offering and m & a (get the investment banking business) for the company. Or To create a rally to sell to lemmings (no offense meant)!