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To: JRI who wrote (35933)5/21/2000 4:30:00 PM
From: Techplayer  Read Replies (1) | Respond to of 77400
 
JRI, Battipaglia did come out with his bullish commentary on the 15th. I have also noticed that there is NO positive comment in print over the weekend about the market as a whole...

gruntal.com

tp



To: JRI who wrote (35933)5/21/2000 4:38:00 PM
From: Howard Feinstein  Respond to of 77400
 
JRI, you definitely are correct that it is a "supposedly" good sign that nobody is sticking their neck out to call for a bottom or a turnaround. Forget most of the analysts anyway, as they go with the flow. But, I wouldn't venture to step out either. I would, very much, like to see CNBC have Battipaglia on at such a weak period for the market but CNBC,also, only goes with the flow of the market too, and schedules their bearish or bullish guests accordingly. Hold tight, and time will tell, but not me! I think Greenspan loves this uncertain time!

Howie

Howie



To: JRI who wrote (35933)5/21/2000 8:23:00 PM
From: PMS Witch  Respond to of 77400
 
Your post communicates some interesting observations. I've found it an enlightening exercise to pick recent bottoms in stocks I follow, note the date, and re-read the posts on or near that date. (This works for tops too.)

I used to clip printed articles about my stocks so I'd be able to provide clients with a bit of background information about the companies I acquire for them; hence, I had the opportunity to review the opinions appearing in print over time. Same story as reviewing on-line stuff, only more effort expended. About every half-decade, I purge much of this junk -- but not before enjoying a chuckle over how profoundly people are able to miss the mark. Interestingly, the more certain they sound, the more incorrect their predictions.

Thanks for sharing your thoughts.

Cheers, PW.

P.S. Who was the guy who claimed he'd never met a wealthy pessimist? I can't remember.