Friday, July 29, 2005

07/29/2005 - Did someone just flip the lights?

You know when you are at a bar and the manager flips the lights off and on to signal last call.?. I am wondering if Bank of America is pulling this event with MOT. Now, in the bar people do not all rush out the door. Some people stick around and finish their drinks. Still, others belly-up to the bar and order another drink.

I have never really witnessed and upgrade or downgrade affect a stock - long term. Plus, the big guys are buying MOT - they move the stock and they have their own analysts. So, the BOA downgrade may take a little wind out of its sails but I don't THINK it should destroy the beautiful uptrend that we are seeing.

I hope...

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