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Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (1418)	7/8/2001 12:45:30 PM
From: TechTrader42	Respond to of 1471

Since the thread is addressed to beginners investing their hard-earned savings, Arthur, I'd advise them to never invest based on recommendations they read on-line (and to never split infinitives), and to never believe there's "easy money" to be made in investing or trading. Shorter Marc Cohodes: nytimes.com From the NYT story, by ALEX BERENSON: • On what investors have learned from the Nasdaq crash: "They've learned nothing. It's just, `Rates are low, you don't want to hold cash, you have to buy something, it's going to get better.' " • On the slowdown in technology: "No one knows where it stops. It could stop tomorrow. It could stop in a year." • On research analysts: "The analysts at the end of the day are just major tools for their firms' banking business and their big holders." • On investors' priorities: "People spend more time figuring out what restaurant they want to go to than they do researching their manager, their stock or their mutual fund."