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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (79016)6/19/2001 6:59:24 PM
From: xu, b.  Respond to of 99985
 
Chispas,

It is not a surprise for us. We did a scientific statistical analysis. This analysis led to a robust swing model that we are trying to adapt for intraday trading data. The swing model we developed has a very high profit-to-risk ratio. Please see: Message 15962438

Also, the volatility in recent years seems to suggest that there are lots of opportunities for intraday tradings: geocities.com. Anyone has a lead for clean historical intraday data? Please send me an private email if you do (I don't check discussion groups that often but I can certainly summarize a list if there are enough interests and my information source allows me to do so).

Good Luck!

geocities.com



To: Chispas who wrote (79016)6/20/2001 3:41:02 AM
From: Chispas  Read Replies (2) | Respond to of 99985
 
GASP!

ANALYST OWNS UP TO BAD TECH TIP

By JESSICA SOMMAR

June 20, 2001 -- Somebody check to see if Hell has frozen
over.

Jeffrey Camp, No. 1-ranked internet analyst for Morgan
Stanley Dean Witter admitted he was wrong and apologized
for touting a tech stock that plunged 94 percent in one year.

Camp, a veteran analyst, began a report discouraging
investors from buying Web site manager and former
high-flyer Exodus Communications by saying "it was time to
own up" to failures.

"If [the stock] is improving, surely we are downgrading the
shares at the bottom, but if it is deteriorating, better late than
never," Camp said.

The mea culpa by Camp, ranked as the top internet
infrastructure services analyst by Institutional Investors, was
first reported yesterday by Bloomberg.

Apologies are rare on Wall Street and even rarer from
research analysts, who are under scrutiny by Congress and
regulators.

Camp's report, "Waiting Too Long to Exhale," believes more
apologies by Wall Street will help analysts be trusted again.

"We [analysts] missed the worst tech downturn in 25 years,"
Camp said, "and it's time to stand up and take [our] lumps."