TanToday

Are Apple Analysts Reading Too Much Into Daily Market Gyrations?

If the "Spell'n Polece" are finished with the grammar lessons....

.... can we actually DEAL with the topic at hand? { Makes you wonder about what nits they chose to pick at while ignoring the real world, doesn't it? }

Anyway, the REAL problem is the 24/7 News Cycle, coupled with the Internet, teamed up with blogger sites like this one.

Let me flesh this one out a tad. Imagine for a minute you are an overpaid, overeducated, myopic drone in a cubicle, and the sign on your desk says "Stock Market Analyst" you are expected to churn out 12 annual reports on 20 companies, meaning you are faced with 240 demands for YOUR OPINION. Now, most of these guys are staring at computer screens, and drawing squiggly little lines and casting spells over thier intense line patterns.

MOST of them, have never been to the companies they report on, MOST of them don't buy or own the products they write about, MOST of them just read each other, assemble a plausible scenario, and SOME of them, wanting a bigger cubicle, decided to GO WAY OUT THERE, knowing that 1/2 of the time they will be RIGHT, for you see, the truth IS, every stock WILL go UP or DOWN in a given timeframe. Call enough of those right, and COVER UP your wrong guesses, and you will become FAMOUS, and even someday have a media empire like Cramer, and YOU TOO can give a BUY BUY BUY CALL on a Bear Sterns, five days before it collapses....

... and best of all, KEEP your job, and screw the pooch over and over, accuracy counting for NOTHING, but name recognition, ala Paris Hilton is the key here.