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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (8011)	9/21/1998 2:58:00 PM
From: xbrent	Respond to of 25711

Not much difference between brokerage upgrades and some newsletters. I watched NYSE stocks which have upgrades and more often than not they go up in the days preceding the announcement and then tail off with the news. Could it be that the big brokerages let their best friends in early? In fact you could short those picks except every now and then one of them goes to the moon so your gains are small and your loss could be large. Some BB stocks have a hair trigger and any volume triggers speculation and buying. How many people then have the stock on their radar screen with an alarm and jump on not knowing anything? Sometimes they work and sometimes they don't.

To: Joe Copia who wrote (8011)	9/21/1998 3:33:00 PM
From: hoffy	Read Replies (1) \| Respond to of 25711

The recommendations by the winners group and when a nasdaq stock or NYSe stock is upgraded is nothing alike. The NYSE stock will sugre 3-4 points and then pull back a point or so. The winners group obviously have bought in already and are ready to dump. The stocks spike up and usually are below where they started within a day or two. And the volume goes to shit within a few days. That's why it is a pump and dumper. The comparison's are nothing alike.