Replies to post #33971 on The New CS Board

[ahimsak]

I remember front of Barrons in mid July 1990, "Bears on the run" with art of two bears running from arrows.

I also remember an article that you could not lose money selling puts in barrons in early oct 1987. Bad advice.

Sometimes articles are correct, but often they indicate too much bearishness or bullishness. I also notice when the market goes up, articles say it can only go up, and when it goes down, they only say it can go down.

Last, in april 1997, every analyst was bearish on Csco. It then went up 4 times in 1997, etc. By the spring of 2000, they were all bullish, just before it fell hard.

Also, barrons had a lead article in early 2000 on how Enron was actually a tech stock and the drop of 10% from its high was a good time to buy. Same article said to buy JDSU. One went bankrupt, the other lost 99% of its value.