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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (1958)	1/8/2004 10:06:13 PM
From: russet	Read Replies (3) \| Respond to of 313059

Many ANALysts can get the cashflow and income ,...EBITDA etc. in the ballpark (surprising many can't even do this even though they are still fed this information by the companies),....but the science/fantasy of ANALyst bullchit lies in the multiple. Most multiples are pure stinky bullchit,...if you look at a company as the ability to give you a retirement income out of profits for 30 years instead of a capital gain because some idiot will pay more than someone else today, the DOW would be around 3000 or less, the Nasduck around 500 or less, and the TSE around 2000 or less. This is the age of market bullchit, marketing, hype and crap. There is no such thing as long term investing,...there is no such thing as investing in the stock market (if you want to invest buy a business and run it yourself). Grab hold of one of these pieces of crap shooting up from the cesspool of chit, run with it until it looks to be running into a headwind (usually insider or pro selling), cash into freebies and wait until the next bit of chit hits the fan (gggggggggggggg) This includes almost all mining stocks too,...take away the price of the commodity and where is the growth in earnings per share? The multiples are all double digit though (gggggggggggg) PS. if we want to garner competitive fees, we must move to the U.S.,...Canada protects the banks profit with favorable legislation that outlaws real competition and ensures they retain oligopoly prices,...all the politicians have blind trusts specifying the trustees can/must invest in financials.