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News Story
Schaeffer's Media Outtakes: Optimism Swells on Technology Stocks
Wednesday September 05, 2007 08:08:48 EDT
By: Bernie Schaeffer
In our Schaeffer's Media Outtakes series, Bernie Schaeffer dissects the news, using contrarian analysis to provide a unique take on the market.
Barron's "Tech -- That's Right, Tech -- Is The New Haven" 9/3/07 (headline)
BusinessWeek "Is Tech A Port In This Wild Storm?" 9/10/07 issue (headline)
Schaeffer's addendum: As Abby Cohen said in the current issue of Barron's: "The consensus is not always wrong."
My corollary to Ms. Cohen's observation is: "The consensus is not always wrong, but following it will never make you wealthy."
I'd ask you to consider this corollary when reviewing the above headlines.
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