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

To: edamo who wrote (31543)	2/21/2001 12:41:13 PM
From: Dutch	Respond to of 65232

No argument with your point. ML reiterated a buy MSFT about 2 1/2 months ago. As brokers were touting ML's latest pick they were on the sell of 100's of large blocks. That is the type of activity should illegal. It happens over and over again. Watch for new legislation to be proposed that a house would to abstain from trading internal accounts for some period following a up/downgrade. Don't think it would pass though. JMO Dutch

To: edamo who wrote (31543)	2/21/2001 12:48:47 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

<<investing is a risk, speculating as many have done and are still doing, is an extreme risk....>> edamo: I totally agree with that statement....Yet, IMO the Houses have manipulated the system (stacked the deck in their favor) time and time again. We can either play by the rules The Houses make or try to change the rules. Right now I have too much going on to try to organize a grass roots effort to change things. It is interesting that 60 Minutes chose to do a long piece on the ANALysts --> it was very revealing BUT not surprising at all. Most of us realize that the ANALysts have their own agendas. In fact, we are better off if we don't pay too much attention to them...=) Best Regards, Scott

To: edamo who wrote (31543)	2/21/2001 12:54:29 PM
From: SecularBull	Read Replies (1) \| Respond to of 65232

That still does not make it alright for the Houses to be touting stocks to retail clients coming in the front door, all the while they're selling out the back door. It is a scam, and the illegality/unethicality ought to be challenged. Yet, caveat emptor is the name of the game. LoF