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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (6864)7/18/1999 10:52:00 AM
From: Ian@SI  Read Replies (1) of 15132
 
Justa,

The W$W forecasts, IMO, are all done with tongues placed firmly in cheek. They're provided not because the forecaster has a firm belief in the numbers, but rather, because Lou has asked them to give their estimates.

TA gurus will give you numbers but never the time by which they might happen in their forecasts. Stops you from proving them wrong.

Birinyi, to my knowledge, has remained strongly bullish based upon the money flows.

Personally, I place no investment credibility in the W$W estimates given that it's primarily a game in which Lou is able to tease a few of his guests come the January forecasting show.

FWIW,
Ian.
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