LOL couldn't agree more. The analysts that come on and tell me what the DOW is going to do in the next 6 months are joke. They don't have a friggen clue, and 9 times out of 10 they make complete asses out of them selves. There are only two people I would listen to regarding the market, Peter Lynch and Buffet but they are smart enough not to show up on CNBC and make dumb ass predictions. They are too busy counting all the money they have made.
Oh and here is my prediction: After a thorough analysis of the economy, interest rates, inflation, corporate earnings, Asia, Russia, Europe, Super bowl, January effect, tax loss selling, yield curve, year 2000 problem, Money flows, 401K balances, weather patterns, EL nino, Clinton's libido, Fed Reserve, and terrost activity I have come to the conclusion that the stock market will continue to be volatile in the next 6 months. Rory |