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To: Glenn D. Rudolph who wrote (35018)1/14/1999 10:33:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
"Why the change in analyst's recommendations all of a sudden?"

Glenn, I know you have been at this for awhile, so I feel like you may be pulling my leg. You know the reason:

The stock stopped going up and went down.

That is all they do. I have been at this more than 10 years in focused way, and it still surprises me. They rarely stick their guns if the stock is going the opposite direction on them.



To: Glenn D. Rudolph who wrote (35018)1/14/1999 10:45:00 PM
From: GST  Respond to of 164684
 
Glenn -- <<Why the change in analyst's recommendations all of a sudden?>>

The recommendations are subject to approval. They were told what to do and they did it. This was not some accident. Rivlin spoke last Friday, and that was it. AG was out of the country and he wanted this crap cleaned up before his next speech next Tuesday. Perhaps you thought I was making all this up? This is a lquidity driven stock in a liquidity driven market. AG is Mr. liquidity. He is called the most powerful economic actor in the world because its true. All the 'gurus' and day traders, finance ministers and presidents and MMs put together could not match the firepower AG has at his disposal. He giveth and he taketh away. Why do you think people hang on his every word?



To: Glenn D. Rudolph who wrote (35018)1/14/1999 11:15:00 PM
From: Cajun  Respond to of 164684
 
Because they finally finished telling all their clients to bail =)