Extract from ML post above which says it all.
"It's been a tough year and it's been an extremely volatile year," said Michael Cohen, whose Alpha Analytics Digital Future Fund is down about 47 percent in 2001.
The losses took Wall Street's top strategists by surprise. Forecasters at Goldman Sachs, Lehman Brothers, Merrill Lynch and elsewhere all incorrectly predicted double-digit gains.
Unbowed, most have renewed their optimistic forecasts for next year, with Ed Kerschner, chief global strategist at UBS Warburg, among the most bullish."
Unbowed indeed.
Question- Should analysts be in stocks?Answers and diagrams welcome.
BHG