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


To: FR1 who wrote (34989)3/29/2001 8:42:13 PM
From: CAtechTrader  Read Replies (2) | Respond to of 65232
 
Re: Dan Niles

He may be right but that does not give him credibility. All of these analysts should be highly suspect. Their compensation clearly tied to creating results on the trading side by creating liquidity opposite the position desired or price movement in the direction desired for a favored client or the firm itself. There is no other explanation for many analyst's behavior or their very high pay despite disastrous results.



To: FR1 who wrote (34989)3/30/2001 7:58:31 AM
From: edamo  Respond to of 65232
 
fr1...."what do i think?"

if the end of the world economic scenario unfolds as niles and others believe, and if you must be invested for the longer term, then it is logical to conclude that safety long term is perhaps in the very companies that some bemoan as they have sufficient cash, above average balance sheets and seasoned management that can ride out downturns and be at the beginning of the next upturn wave.....

it's an economic cycle, the amplitude of the sine wave yet to be seen...but still a cycle....

cycles come and go....and it is amazing how the strong companies survive, the weak fall by the wayside, allowing the strong to gain strength with market share....cycles tend to consolidate sectors.....

rate cuts and increased availability of money always help the bottom line of any company....

good luck

ed a.