For Your Reading Enjoyment
Dec 24, 2008
Posted by Jody Eisenman | Filed under Uncategorized
Please click this link from New York Magazine detailing some top analysts’ investment choices at the start of 2008. My favorite is from Elaine Garzarelli, who first achieved fame from supposedly calling for a steep decline prior to the market crash in October 1987. She was a bit off the mark this time:
“Garzarelli is advising investors to buy some of the most beaten-down stocks, including those of giant financial institutions such as Lehman Brothers, Bear Stearns, and Merrill Lynch. What would cause her to turn bearish? Not much. ‘Our indicators are extremely bullish.’”
Here’s a link to the entire article:
Happy Holidays!
