Showing posts with label dissenting view. Show all posts
Showing posts with label dissenting view. Show all posts

Oct 20, 2013

Wells Fargo strategist Gina Martin Adams refuses to join "1700 Club"

Obviously, we are all herd-like creatures, and everyone likes to feel good in a group.  But I am out of the group right now.  That is why I have models, so I don't get caught up in the human reaction.

~ Gina Martin Adams, equity strategist, Wells Fargo Securities, "1700 Club Keeps Growing: Several top strategists expect S&P 500 to top mark this year," USA Today, August 8, 2013

(Seven strategists now expect the S&P 500 to top 1700 by the end of the year, up from none at the beginning of the year.)