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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Jay Fisk who wrote (50686)1/27/2000 12:22:00 AM
From: Druss  Respond to of 122087
 
Jay--What you saw is old technique indeed.
It used to be that fund managers would play a game of hype and dump their dogs when interviewed by financial magazines. As interest in the market grew the method spread first to popular reading magazines such as 'Time', 'Newsweek', and 'US News and World Report' [News you can use and lose by]. Lately it has moved to TV, instant results for such behavior.
I ran into an old financial magazine a year or so ago in my dentist's office and there was a article about a fund manager and his suggestions. The magazine was seven months old and I went home and looked up his suggestions. Out of ten stocks one was a winner, up about 25%, the other nine averaged a 50% loss. I can't pick shorts that well.
All the Best
Druss