Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: chris431 who wrote (6829)	3/5/2001 8:23:44 PM
From: Jose Matos	Respond to of 19633

Maybe you're right, maybe you're wrong. The wall street gang are a filthy bunch. They'll issue strong buys in the face of bad news, until they can get that asses out of stock, with less of a loss than would otherwise be the case if they downgraded it. But once they're out, there is no such thing as loyalty. They'll turn on it with a fury. So much so, that they'll finally downgrade it after it's fallen 90%. (I don't mean that about IBM specifically, but the 100's of other stocks, both good and bad alike). The point is, you can't trust the analysts or wall street. Take the Wayne Angell idiot. Coincidence that he propped up the market for 2 precious days, just long enough for his firm and big clients to bail with less of a loss and/or go short? Regards Jose.