trendfollowing's Commentaries
Aug
30
2010
With Press Like This It Feels Like 1999
From the AP today:
“Despite the onslaught of negative economic news this summer, they have barely reduced their estimates. The current forecast for the S&P 500 is an increase of 46 percent this year, then 14 percent on top of that in 2011. Such jumps would mean profits rising above their all-time high in 2006 during [...]
Tags: holy-grails