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To: donald sew who wrote (16962)3/1/1999 8:20:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I guess the people you are speaking to are the average investor, but then again they are the real small ones as well. Their general tone sounds like a red flag, I would agree.

Even though I agree that the SI population is more in touch, if you look at the survey on tech stocks it is rather bullish. At least it seems that way to me.

techstocks.com

EDIT I was looking at the wrong line, but still in all it seems moderately bullish.



To: donald sew who wrote (16962)3/1/1999 8:29:00 AM
From: BubbaFred  Read Replies (2) | Respond to of 44573
 
Not surprised. Not just these newbies brokers of today, but also the ones from 10, 20, 30 years ago. Most of them (99%) are mere sales persons, selling or touting to clients what their company's "research dept" tells them to "push". Small clients get the crumbs and are pushed stocks that big clients and insiders are selling. Only fewer than 1% of brokers bother to know more about the market. The rest of them?, well, those with any conscience or personal ethics usually quit after 3 or 4 years, because they don't want to play the game. Those who don't play the game are fired. That's why most of them are youngsters, eager beavers for the commissions.



To: donald sew who wrote (16962)3/1/1999 8:58:00 AM
From: Steve Swanson  Read Replies (1) | Respond to of 44573
 
Don,

>>>This same broker is also pushing hard to go long the oil sector, <<<

Would this broker happen to be with Dean Witter? I had a broker there and he was forever pushing oil stocks on me.

Steve