SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: thomas hayden who wrote (36961)2/6/1999 12:25:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
The trouble with these types of forecasts is that they are based on what one CURRENTLY sees out there (ie down, down and more down) and are probably not based on much speculation of what the new future crystal ball may look like 6 months from now. So, in effect, all such forecasts are useless in part because in most cases stock prices have already dropped to reflect current forecasts. Another way of saying that FA and earnings forecasts should probably be taken with a grain of salt. Instead study the charts as to what investors are DOING and how MOMENTUM may be changing as the trough in stock prices gets closer or has already passed. I used to listen all day to CNBC. Now, for the most part, I turn it off as I find I am much better able to make decisions without the usual herd mentality.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News