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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (7775)11/13/1997 11:37:00 AM
From: Mike M2  Respond to of 18056
 
Yes pete, some buys are really buys others are you buy while I sell.Mike



To: MythMan who wrote (7775)11/13/1997 11:44:00 AM
From: Mike M2  Read Replies (4) | Respond to of 18056
 
To All, you too pete. Does anyone have a url for Alan Greenspan's comments about Fed policy in the 20's from "The Objectivist" 1966. Basicly he blamed the Fed's easy money policy for the stk mkt bubble of the 20's . Mike



To: MythMan who wrote (7775)11/13/1997 12:15:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 18056
 
Beware of analysts' upgrades. SLB got upgraded yesterday yet closed down anyway. This morning I decided to take advantage of the drop. The stock opened higher, went up another 0.5 points and began dropping like a stone. A few minutes later, I was out of my position with a sizeable loss.

Someone out there is selling into the strength. Stay away from the long side.

PTB



To: MythMan who wrote (7775)11/13/1997 1:30:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
<<was this necessary?>>
Yes, for him that is! His clients must have a lot of shares to sell. Go buy from them! -g-
-Mohan