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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Raj Ramaswamy who wrote (45870)1/19/2001 2:39:32 PM
From: American Spirit  Respond to of 57584
 
On downgrades in today's market: These could be the best buying opportunities. Look at the recent poo-poos (INTC predicted to drop to 25, NOK dump, maybe today's SUNW dump, the YHOO bad-mouthing, the LU and computer sector dumps of last month, etc.) All turned out to be great buying opportunities. Pay attention to these downgrades because sometimes the anal-ysts downgrade to save face after their buy recommendations went way down. So at the bottom they finally downgrade just to be on record as downgrading. Or it could be a short scam then buying back right after the downgrade. Whichever they can be contrarian indicators in today's recovering tech market.