Wall Street Week's panelists just predicted a Nasdaq close of 2250, 3000, 2842, and 2734 -- that's for the END of 2001!!!
Several said it will see about 2000, I believe, first. I say we are in a recession. What a load -- these "Professional" analysts and self-proclaimed Silicon Investor gurus who said "buy, buy, buy" when all the tech stocks were flying high, and now look at them. I say no one knows diddly squat! A bunch of bugs bunny maroons! Voltaire's a nice guy, but I can't count the number of stocks he said to buy at much higher levels that have crashed -- EXTR, ELON, RMBS, INTC, etc. etc. etc. The Clown Killers are no better. They don't know squat either. They have been yelling crash for 5 years. Yell something long enough and you'll eventually be right! Why can't everyone just admit they don't know anything. They guess. They hope. They pump what they own. They dream. They fear. But they don't really know squat! It infuriates me that they all portend to know what they know they don't. I hope I have always said my writings were for entertainment only. My ego likes it when someone enjoys something I have said, but these "gurus" need to just get their jollys doing something other than leading others to believe they really know something -- time has proven that they don't. They can point to isolated posts, but the proof is in the stock prices. The professional analysts for the Houses are complete crooks as far as I'm concerned. Upgrading in public while selling in private and vice-versa -- check level II, it happens all the time. Upgrading at highs and downgrading at lows -- maroons! What's up, Doc?
I remain,
SOROS |
