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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: LTK007 who wrote (14401)12/18/2001 7:49:42 PM
From: Justa Werkenstiff  Read Replies (1) of 99280
 
Max: Chuck Hill has been right all along on the earnings front. The notion that the market is undervalued based on these models is silly. The model is being fed highly questionable data. It is being fed ANALYST's BEST CASE ESTIMATES FOR THE "V" RECOVERY NEXT YEAR. MOST OF THESE ANALYSTS ARE BULLISH BY PROFESSION. Garbage in; garbage out.
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