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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (16769)	12/3/2000 5:12:36 AM
From: lee kramer	Respond to of 19374

Fine post about the Analysts. Over the years I've learned to simply disregard all analyst upgrades/downgrades and targets...except as they might affect a stock I'm currently trading. Example; I'm long a stock, an analyst at a big house upgrades it and I'm given the sudden gift of buyers I can sell to at higher prices. Analysts aren't traders, and rarely offer anything that will help a trader. (Lee)

To: Walkingshadow who wrote (16769)	12/4/2000 2:06:27 PM
From: richard w allgaier	Respond to of 19374

I agree with your hypothesis 100%. Rick

To: Walkingshadow who wrote (16769)	12/4/2000 4:56:41 PM
From: Otis	Read Replies (1) \| Respond to of 19374

Analysts should be illegal!!! Everything they do is corrupt!

To: Walkingshadow who wrote (16769)	12/4/2000 6:04:15 PM
From: Jon Stept	Read Replies (3) \| Respond to of 19374

The purpose of Analysts... Hi Walkingshadow, I like your theory, but I am not convinced. Given that nobody can predict stock behavior, the analysts can make mistakes. Many mistakes. So, how does one know if the call to the downside is part of a grander strategy to accumulate when it goes back up, or it is actually a mistake? To prove it, one would have to find out if the share accumulation was active during the downgrade period. Otherwise, we don't know if it is a mistake or a conspiracy. For example, was Tom Kurlak's incorrect semiconductor call a couple years ago harmful to his firm? He was let go from the firm. Or maybe he was "let go" but this was just a ploy, and he was really a hero. What do you think? In my opinion. Jon :)