Wednesday, February 29, 2012

Analyst Gobbledegook

Gobbledegook, gibberish, doubletalk, balderdash, mumbo jumbo. Or, for you down home types, manure.

I got a report today discussing the current stock market. The details have been cut out so as not to impugn this particular analyst but you'll get the idea.
Stocks continued to edge up but they hit our upside target today and have backed off. The question now is whether stocks take a minor correction or a more significant correction. There could still be one more rally an even more significant correction sets in.
In the words of Penny from "The Big Bang Theory," holy crap on a cracker!

I cut out the actual numbers and percentages but you don't need them. This guy/gal has got every base covered. No wonder analysts get a bad rap.

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