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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Joe Pirate who wrote (21844)3/18/1999 1:40:00 AM
From: Lee Walsh  Respond to of 122087
 
The funny thing is....

Mr. Joe average investor follows these upgrades/downgrades
and buys/sells right along with the crowd.

CNBC plays right along... "Broker XYZ upgraded stock ABCD and it's UP 20% on their recommendation......What a great play..."

Kinda like the IPO when they talk about it being up 200% for the day from it's overnight pricing (which no outsider could touch) and the poor saps that bought it when it opened and are down 50%....

Mind Games...you said it.

Lee