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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (30931)12/11/1997 12:13:00 PM
From: broken_cookie  Read Replies (1) | Respond to of 58727
 
Tom,

Since you remember '83, what did you think of '85? I didn't invest then but I was a wet behind the ears engineer who just watched 2/3's of my colleagues get layed off. Wasn't btb < .5?

>>>Brokerage houses and analysts are like lemmings--a mindless group who just follow the herd.<<<

No kidding. KLIC strong buy at 55+. Downgrade to a hold at 18. Hope merrill made alot of money for their customers on that one. I heard several times that when analysts downgrade before the market opens, they get credited with calling the fall. Bunch of sleazy lemmings.

Perusing SI, there is talk of margin calls. I get tired of seeing the self-destruction. So sad.

Thanks for your long term market calls and be sure to warn us if you're going on vacation. :)

Take care.