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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (8394)9/26/1999 8:47:00 PM
From: James Clarke  Read Replies (1) | Respond to of 78958
 
My view on Abby is that she is a one trick pony. As long as the market goes up she is a genius. If she calls the top, I will have some respect for her. For now, I just see her revise her estimate of the market's value up 10% every time the market goes up 10%. Just my very humble opinion - she's making a lot more $ than I. The problem she has is that she can't call the top, because there is the risk that that might crash the market 500 points. I have no idea what she is thinking privately, but she's not stupid - she's got to be a little bit uncomfortable. I have met many of these market strategists (though never Abby Joseph Cohen) and my perception is that they are marketing tools just like 9 out of 10 sell side analysts. What passes for analysis on Wall Street today is an absolute disgrace.

JJC