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To: Road Walker who wrote (45940)	1/18/1998 10:57:00 AM
From: Dale J.	Read Replies (2) \| Respond to of 186894

re: <<that the analyst is supposed to tell you when to sell as well as when to buy.>> John: The problem with the analysts is that when they say its time to buy, they are sometimes looking to exit and when they say sell they are sometimes looking to buy. In other words I don't trust them. Dale

To: Road Walker who wrote (45940)	1/18/1998 11:55:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 186894

John, Speaking of analysts' recommendations either to 'buy' or 'sell',the problem I encounter more often than not is this, by the time they recommend a stock as a 'buy' it has already run up so much that you and I don't have much of a chance of making much if anything,and vice versa, ie. by the time they say 'sell', it is too late any way.The way it looks to me is that by the time they say anything publicly they have already done what they are saying.

To: Road Walker who wrote (45940)	1/18/1998 12:59:00 PM
From: Mary Cluney	Respond to of 186894

John, >>>what good is an analyst that always says that the market is going up? <<< What good is any analyst? Even Drew Peck admits "When you see the extradinary divergence of valuations, you realize there is no coherent methodology". IMO, US markets are fairly efficient, especially with respect to big cap issues, where all hard data has been factored into the price of the stock. What is left, unfactored, are the manipulations of analysts. They are able to manipulate the sentiment toward any issue far more than we give them credit. Why else would a Motorola sell for over 30 time PE and Intel less than 20. Until Kurlak tells differently, we have have to live with this? Regards, Mary

To: Road Walker who wrote (45940)	1/18/1998 3:17:00 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 186894

John, I had already read your previous post on Abbey Cohen when I posted back to Wiz. BTW, he replied to me on the wrong thread. We had been discussing this at length. Yes, you are right. She has been bullish. I think what's good about Abbey C. is that she keeps saying it is still a bull market. I believe it's still a bull market and the reason she keeps saying it is because it has been and still is a bull market. Sorry about the repetition. But it has been a continuous bull market. Just because some of those manipulators out there can drive the markets down doesn't mean she has to change her stance. Maybe you can clue me in when it was time to be bearish again? But I am glad that you like Abbey too. gg. Sonny