Just another thought. You know who is the worst market predicting service of all times? Briefing.com
I get briefing.com as a free service of Etrade, the reliability of Briefing is close to zero.
Many of the stock that it picked, CS, SGI, COMS, ASND, QNTM....the list goes on and on are going down the sewer (well, of course, done by manipulation of the Exchange.) They go too much into fundamentals and so called PE ratio (which I never use), and THEY BELIEVE IN THE MEDIA TOO MUCH. So althought their picks are solid companies, just picked the wrong times.
Some stocks that it avoided, such as AOL and APPL had their good times. Therefore, they only have a few picks left...they dropped a lot of their picks in the last two-three months.
The worst part of Briefing.com is their Market View. They were slightly bullish (2) in Sep, but turned bearish (5) on Oct27 AFTER the event. They are so handicapped and its quiet funny. I have sent the an email bashing them but never got a reply...I guess they destroyed it before it reached the CEO of the company.
Ney's wisdom is to not rely on the media, and to watch for bargains in a company that has solid fundamentals but hammered by the media...tell me what you think? |
