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

To: LTK007 who wrote (80727)	7/22/2001 8:55:26 PM
From: orkrious	Respond to of 99985

lenghthy article in today's Sunday NYT. Here's a link nytimes.com

To: LTK007 who wrote (80727)	7/22/2001 9:04:07 PM
From: mishedlo	Respond to of 99985

Like I said, PERHAPS just PERHAPS J6P has had enough crap from wall street. Morgan Stanly is in deep shit over that one with MER just settling. They do not want these cases to go to trial for fear of publicity alone, let alone actually losing one. Buy? buy what? On whose recommendation? Why believe those "bottom is in liars". The I think about this the more bearish I get. Screw the charts cause we are headed downtown. Also note this insanity. This is the biggest support for the bear case as I have seen in a while. usnews.yellowbrix.com Original thought below. ========================================================= NV - Is it possible that J6P is getting damned tired of the lies by wall street? Getting them to buy semi-equips in the high 50's and MU in the high 40's while they unloaded could have really been the last straw. What happens if J6P is now sceptical of anything the analysts say? Clearly there were lies on second half recovery. Mortgage refinancing is done and over so where is that additional money from J6P to come from anyway?

To: LTK007 who wrote (80727)	7/22/2001 9:18:41 PM
From: KymarFye	Respond to of 99985

Alan Abelson summed it rather nicely this week: Merril Lynch, which is always bullish, has nobly sought to lighten the fear of layoffs that has gripped Wall Street and Main Street both. It did so by showing it really cares for the financial well-being of some of its most valued employees - its vast corps of securities analysts - instructing them not to buy any of the stocks they're recommending. We're sure - and here's the good news - the firm will soon demonstrate a similar solicitude for its customers by suggesting they do the same.