-->on the upside through $ 300 barrier, a well-known CNBC commentator told
the audience that the stock was a “must own” and that it would go straight to
$ 350. On the same day, an analyst told the audience to sell Oracle. Since
then Google is down 5% while Oracle is up almost 15%.... This is not to say
that my forecasting record is any better, but that the performance of stocks
and commodities are usually a far better forecaster of economic activity than
the endless analyses and commentaries of strategists, analysts, and mentally
disturbed economist who find a home at the US Federal Reserve Board.
<ul> ~ http://www.gloomboomdoom.com/marketcoms/mcdownloads/050705.pdf</ul>