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To: dieselfuel who wrote (45976)1/21/2001 6:22:08 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Yes the YHOO threads are usually about 75% hogwash. But they give you an idea about who the most desperate people are. Once in awhile also good info and the only info on some stocks which are lightly followed. In an environment like this you can check up on the bashers noise and get a feel for what stock's being attacked that day. Since bashers usually only attack at the bottom and wildly exaggerate with scare tactics this can give you a better understanding of whree the bottom might be. I had to learn this the hard way as two years ago as a novice I actually believed some of them and sold great stocks at their bottoms right before they recovered. Now I do use YHOO bashers as a contrarian indictator. And it works. Usually.