Its well known in science that the perception of the scientist determines the result of the research.
Brokers are no different, their outlook at the time and the way figures and future events are perceived effect the projections.
Infact brokers are the worst to take advice from as they are the most caught up in the times.
The market is always wrong at the turning points and the reason is the turnings points are the most extreme in opinion, every is bullish at the top, the markets & outlook appear and smell so rosy at the top and its only natural that the oulook and projections are rosy as well.
The market never makes that final high on bad news and a poor outlook.
ZFX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
