"Montgomery Watch", page-24

Fund managers, institutions, brokers, bankers are all clueless. They have no more an idea where something is going, than you or I. Plus they do not care. You would have more luck letting a blind monkey pick trades for you, rather than act upon what they say. Their purpose is to talk up stocks they are in and take in commissions. That is it. They don't care if you make money or not. They have to buy many shares accross the ASX 200, regardless of direction or values. Remember they are not using there own money to invest. But the money they have been given by outside investors. This money has to be put somewhere. So what happens after they buy or sell is irrelevant to them. Putting trust in them. I the same as beliving what they local car sales person says. The only person that you should trust, is your self. Outside of that, you are playing a dangerous game.