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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (9794)	3/24/2001 3:10:44 AM
From: JamesB	Read Replies (1) \| Respond to of 11130

Ahhhh, you have found the key. You see the analysts don`t own the stock they are touting. Or buying the stock they are down grading. So they can`t profit Directly from their upgrades/downgrades But don't ya know that by and large, the companies they work for DO own the stock, trade the stock, make money on the tout's call, and, yes Virginia, even influence the nature and timing of the call. The evidence of this, albeit mainly anecdotal, is overwhelming. They really are "pure as the driven slush". Now if these damn leg cramps will go away, I'll go back to sleep.

To: Qone0 who wrote (9794)	3/24/2001 8:13:00 AM
From: Wayne Rumball	Respond to of 11130

OK I think I got it. So if I think a stock is GREAT but am not willing to put up any money behind my thoughts I'm fine. BUT if I think a stock is WONDERFUL and actually buy it and mention a price target I'm toast.