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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+0.2%Dec 2 4:00 PM EST

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To: American Spirit who wrote (78855)6/16/2001 10:49:39 PM
From: High-Tech East  Read Replies (1) of 99985
 
<<Analyst on CNN states they expect 4th Q earnings to be 7% above last year>>

... until just recently, that is the kind of stuff they were predicting for Q2 and Q3 2001 ... (and only about 2 months ago) ...

... in 3 months (mid-September), they will probaby be saying the same thing about Q2 of 2002 ... (after Q4 starts to look like it will not meet expectations) ...

... also ... check out this week's "Forbes Magazine" - there are several articles that come very close to telling the real truth about analysts, brokerage houses, the economy and the media ... amazing ...

forbes.com

forbes.com

forbes.com

Ken Wilson
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