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Non-Tech : Sotheby's (BID) Auction House -- Ignore unavailable to you. Want to Upgrade?


To: Nancy W who wrote (123)1/22/1999 8:43:00 AM
From: Iceberg  Respond to of 236
 
Nancy, thank you for posting the VectorVest "buy" rating for BID. I understand VectorVest is a respected outfit.

MarketEdge, IMO, is too [I subscribe to their service] and they just changed their rating for BID from "buy" to "strong buy" after yesterday's close. Here's why...

stkwtch.com

MarketEdge claims about a 70% overall accuracy rate with their ratings, and my subjective impression from having used the service on a daily basis for 1 1/2 years, is that the 70% figure is probably on-target, and could even be a minimum.

When MarketEdge changes a rating I pay attention, and I agree with their assessment that from a technical perspective, BID is currently a "strong buy". FWIW.

Ice