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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.49+0.4%Jan 27 4:00 PM EST

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To: bearshark who wrote (36146)12/29/1999 12:05:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
bearshark, analysis on WS has been reduced to a chase for issuing ever more absurd target prices. the rationalizations and comments one hears in today's stock market environment are exact copies of what was said in the 20's, the 60's, in fact you can pick any investment mania. history rhymes...
the fellow issuing the QCOM target couldn't even name the earnings projections it was based on...which is perfectly logical: this isn't what counts anymore after all.

hb
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