CHART DU jOUR – AN ODE TO THE “ANAL”YSTS

Take a look at the chart below. It depicts our friends the “anal”ysts own estimates of company earnings at the top, and the actual results at the bottom. We can see just how continually optimistic they are and only on the days leading upto the companies earnings release do the estimates lower as “guidance” is given by their respective managements.

We recommend you read page (26) of our previous issue here in which we comprehensively PROVE that collectively, the analyst comment are, in their orthodox form, totally and utterly useless and worthless but, when you know this, you can profit from it – http://issuu.com/spreadbetmagazine/docs/spreadbet_magazine_v14_generic