| LordTheNightKnight said: According to Sean Malstrom ( http://seanmalstrom.wordpress.com/2011/09/13/email-thoughts-on-investors-comments/ ), this is NOT what the investors are doing. That is just the news people deciding that's what the investors are doing. According to Sean, investors don't publicly state what they are doing, for various reasons (such as such market info is too valuable to give away for free). |
Agree, and this is what I think is the most likely reason why Pachter publishes so often either outlandish or totally obvious analyses, but he's considered a very talented analyst anyway: obviously he gives his best and most accurate works only to paying investors. Let's not forget that when the stock market is up everybody can profit, but when the market is down, the profit of a few ones is an additional loss for the others.
