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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (9829)	12/1/2001 10:03:45 PM
From: Softechie	Respond to of 99280

Contradiction From The Talking Heads Since late September Wall Street has argued that the market rallied because investors expect a fundamentally sounder economy and stock market in the future. By contrast, FCN's rally this year has also been made possible by 'greater expectations' of the future. However, the problem with comparing the markets with FTI Consulting is that FCN is a business services company that deals primarily with cases of bankruptcy, and corporate restructurings. With this in mind, if we assume the market is always looking 6-12 months down the road (this is the popular Wall street mantra today) by the same token it would take a drop in FCN's shares before the corporate climate is thought to be improving. Perhaps shareholders are overpricing FCN's shares, and corporate America will not be in dire need of the companies bankruptcy services 12 months from now? Regardless, what is important is that Wall Street neglects to focus on the main theme in stocks today: or that psychological, and myopically based historical interpretations of why the markets rise and fall are inherently flawed. 4 Wall Street heads rate FCN a 'strong buy' – no sells…