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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (26563)12/20/2000 9:40:05 PM
From: Voltaire  Read Replies (2) | Respond to of 65232
 
That is relative and ephemeral also. After the first of year the Houses that have managed to OVER DOWNGRADE on purpose will begin to to sell the following:

We are upgrading ABC stock due to it's relative valuation and we now feel they will beat their NEW REVISED earnings estimate.

It has to be this way or we wouldn't have had the good earnings to begin with. It is all a game in a cycle.

V