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Who analyses the analyst?

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  #1  
Old 21st October 2004, 09:25 PM
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Lightbulb Who analyses the analyst?

In India, where good governance is more an exception than the rule and one hears of things like who keeps the keepers(lawyers), who polices the police and who judges the judge( some have misused contempt of court), I have come across another unique predicament – who analyses the analyst.

Though CNBC has started a healthy trend in specifying techincals too, all the analyst does is gives the resistance, support and stop loss levels. This anybody can be trained to do within a week by studying the weekly charts. Are they not support to say in which direction is the move likely to be- make a more intelligent guess than the layman?

One specific question for traderji- except for symmetrical triangles and rectangles, they could surely give some direction like the question you have asked relating to your post in Zee telefilms.

Even Udyan Mukherjee keeps saying that PE are less for this stock(vis-ŕ-vis the industry standard one presumes) for every second stock. Why can’t they publish the PE ratios of all Industries on their website? (or even somewhere in this forum if possible)

It may not be a bad idea to discuss some of their recommendations without naming names.
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Old 22nd October 2004, 08:07 AM
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Default Re: Who analyses the analyst?

If I am not mistaken PE ratios of all stocks are listed against their daily prices in almost all leading business papers.
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Old 22nd October 2004, 09:13 AM
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Default Re: Who analyses the analyst?

I was referring to Industry P/E ratios not individual stocks.

Last edited by sh50; 31st January 2005 at 08:02 PM.
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