Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market

2. Understand Wall Street's Misleading Practices

After digesting the ambiguous doubletalk and often deceptive ways of Wall Street discussed in Chapter 1, "Decoding Wall Street's Well-Kept Secrets," investors need to be aware of the more subtle detrimental influences of the Street. Knowing what to discount and putting analysts and their opinions in the proper perspective are key to leveling the playing field. You can outmaneuver even institutional portfolio managers and exploit the Street on a proactive basis by reacting to its propaganda and confusing output the same way as professional insiders.

Wall Street goes on vacation in August (like France), and its the only time there's any possibility to escape with an expectation of minimal business ...