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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: IEarnedIt who wrote (28836)4/18/1999 12:06:00 PM
From: kathyh  Respond to of 90042
 
Pump and dumpers, my opinion too, and I think in a way we do see it the same...

I am probably not as quick as you are, but I tried when I first started out to buy on upgrades, and found I got burned... the stock had already made most of it's upswing by the time I bought, and I started thinking I was probably buying into the upgrading analyst's selling...

Then, I am thinking, after they sold into my buying, they re-bought at a lower price... taking that thought a step further, perhaps when they downgrade, they are also buying into panicked investors' selling...

As I have said many times I am new at this and still trying to figure many things out... maybe I am off on this, or missing a key part of the equation... this is just my current perspective based on my limited experience... I am always trying to add new perspectives to my current one, and figure if I keep an open mind I will get it one of these days...<ggg>

The only thing I can tell you I know for sure at this point is that I don't know much...

Thanks, IEarnedIt, for your thoughts on this...

Kathy :))

I am still new at this as you know, but I am starting to regard analyst downgrades as buy signals... tells me they want to buy more at a lower price... is that your view, too, or am I becoming overly cynical, and too hard on the dear analysts...