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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (8220)8/30/1998 8:45:00 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
<It kinda reminds me of when analysts put out a buy recommendation when a stock is at its 52 week high... You know the rest... : >

That's the post of the evening Jim. That's exactly how I see it and why I'm not buying just yet. The pros that have been telling us not to worry about present market conditions have been working all weekend analyzing the market and their postitions.

Wall Street traders have seen most of their gains from this year dissappear and have now realized that their yearly bonus based on performance just went POOF as well.

Sergio