Try buying stuff you can believe in, instead of playing with lines, dots and silly numbers.
OK let's examine that for a minute. We have earnings season coming up and of the x number of stocks out there with earnings - most will "beat by a penny" and then they will go on to estimate their earnings for the next quarter also to the penny. And we are expected to believe that crap and buy those stocks that have the best "story" as long as we have an "idea" that they are going to do well in the future. Are you hosing me?
So I'm supposed to believe in bull snot accounting methods that (based on my advanced degree in business) I could find flaws in at any time - instead of believing in BOB? Or to put it another way - am I to believe what my engineering trained eyes are telling me about the stock (price and volume) or IBM when they say they "made their estimates plus a penny"?
That's extremely difficult when I know full well that most international company profits for the past oh I don't know how many years have been based primarily on foreign exchange rates. If you move enough money around you can make the books say anything you want - and there are no end of accountants out there who are too stupid or too lazy to tell the difference.
I don't think so - I think I'll stick with the lines, dots and silly numbers that make up a BOB - that, at least, is based on hard facts.