Monday, February 1, 2010

Financial Analysts vs. Soothsayers

Unisys Downward Momentum Looks to Continue (UIS) - Comtex SmarTrend Alert

I really love analysts, even more so the ones that look at computer models as though they mean something. A trendline on its own means very little. Even within its own channel it has little meaning.

How much does this one mean? In the face of what it doesn't tell you, not much, less even.