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Strategies & Market Trends : Complacency Indexes -- Ignore unavailable to you. Want to Upgrade?


To: bob wallace who wrote (1377)5/29/2002 11:59:16 AM
From: TechTrader42  Respond to of 1487
 
Have you ever seen that master pickpocket on cable? He calls a few people up to the stage and strips them of their valuables, then their ties and shirts, and finally their underwear. That's my view of an analyst.

It's amusing that they're finally giving sell signals now. They're dispensing with the legerdemain, the sleight of hand, and simply telling people to come up to the stage and strip. Does it mean that their audience should be contrary and buy, that they should load up with more "valuables"? Probably not. The best way to avoid the market's pickpockets would be to stay out of the game entirely. It's one big shakedown racket.