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To: patrick tang who wrote (18245)4/22/1999 2:09:00 PM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Reality check! What I said was -- whenever analysts fall over one another to issue a series of "strong buys", that is certainly NOT a good time to buy. And when they all fall over one another to issue a series of "holds", it is probably worth taking a closer look. Sheesh! These guys can make even lemmings look like original thinkers!

And haven't I already stated that analysts aren't reliable contrary indicators either?

Bottom-line is -- analysts' recommendations are useless, though in today's world of momentum-investing, they might appear to work.