Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 262.92

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3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (10049)	10/30/1997 9:10:00 PM
From: Stu Bishop	Read Replies (1) of 70976

Tito, Who cares what Joe Granville says? These wall street types are constantly being asked to predict the market, as if they know any better than us. For example, everyday several of these pundits can be seen on CNBC making their predictions while being quizzed by the staffers. If one is constantly making predictions, then every several years he/she has to get lucky and accidentally be correct on one. The fact that Granville was predicting bear market for so long, while the bull continued, indicates his prediction's value. Gosh, there are only two choices: bull and bear. If you guess one and are wrong, then the answer is obvious. So what if he now says bull market! No offense intended. Stu B.

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