GREY:ISYRF - Post by User
Post by
kmilneon Mar 18, 2001 11:03am
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Post# 3489345
bear news
bear newsLarge brokerage houses like Bear Sterns and Goldman Sachs have shamelessly
paraded prominent analysts like Wayne Angell and Abby Cohen in front of
the financial media with bullish commentary to try to attract some of the
hordes of cash stockpiled on the sidelines back into the market. This was
done so they could sell their tech stock inventory into any strength that
happened to show up. The apparent game plan for institutional money
managers now is to sell into any rallies that may occur from time to time
as this bear market continues to roll on.