Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Baldur Fjvlnisson who wrote (12769)	1/4/2002 3:29:03 PM
From: AC Flyer	Read Replies (3) of 74559

>>the U.S. banking system will come tumbling down<< Do you actually believe this? You know, this kind of statement could be seen as unpatriotic (or worse) during this difficult time, with the US fighting an enemy who has vowed to bring down the US economy. Well, I'll give you the benefit of the doubt and chalk it up to plain old stupidity. I'm getting the impression that in your view, the stock market should work like this: 1. Public companies report their earnings with no spin applied. They project future revenues and earnings with 100% accuracy and infallibility. 2. Sell-side analysts project stock price targets with perfect foreknowledge, based on public companies' infallible earnings projections. 3. Small investors like Baldur Fjölnisson buy the stocks that the sell-side analysts are recommending, then sleep soundly at night in the secure knowledge that the analysts' price targets will be hit right on schedule. They then sell and reap their guaranteed 50% annual capital gains. Is this about right, Baldur? It would be nice, wouldn't it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next