Abby Joseph Cohen


  1. Roger_Babson
  2. Not_Normal
  3. Steven_Russell
  4. Kirk
  5. Steven_Russell
  6. Kirk
  7. Rande
  8. KLR
  9. Rande
  10. soonertimer

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For the corresponding "live" discussions, post in the active topic forum here.


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Top 65.   Apr 18, 2001 1:11 PM

» Roger_Babson - Re: Re: 4/18/01 Update

In response to message posted by Not_Normal:

Hey, Not, here's Berkshire's not-too-shabby track record:

Berkshire's Corporate Performance vs. the S&P 500

-- posted by Roger_Babson



Top 66.   Apr 18, 2001 7:06 PM

» Not_Normal - Re: Re: Re: 4/18/01 Update

In response to message posted by Roger_Babson:

Roger, I highly doubt Abbey's record would look near as good over any randomly selected five-or- ten-year stretch.

I don't care what she says. Never have. Never will. She's just a master of flim flam.

-- posted by Not_Normal



Top 67.   Apr 18, 2001 9:58 PM

» Steven_Russell - Re: 4/18/01 Update

In response to message posted by Kirk:

"Abby has lowered her targets slightly but expects reacceleration of profits later this year. Old S&P500 year end target was 1650 NEW S&P500 year end target is now 1550"

I guess she must be selling something. Early last year, at the highs, she was telling me the market was fairly valued for a 2000 year-end gain of about 5%. Then, at the lows late last year, with the market down 10% or so, she was telling me the market was undervalued by 15%. Now, at even lower lows, she is saying never mind about that 15%, let's just cut it in half?

It seems to me that this woman has trouble with being able to accurately read her fundamentals, by about 50%.

-- posted by Steven_Russell



Top 68.   Apr 18, 2001 10:08 PM

» Kirk - Re: Re: 4/18/01 Update

In response to message posted by Steven_Russell:

I take it you don't understand the "Earnings Yield Model" and how it works wrt the 10 yr treasury note? Her numbers make sense if you plug em into that model.

-- posted by Kirk



Top 69.   Apr 18, 2001 10:17 PM

» Steven_Russell - Re: Re: Re: 4/18/01 Update

In response to message posted by Kirk:

Thanks, Kirk. What I think I understand is that it seems to "work" 50% lower than it did several months ago.

Glad I didn't make any market decisions based on "value" targets from that corner of the investment advice world. But Abbey is very nice about it, at least.

-- posted by Steven_Russell



Top 70.   Aug 1, 2001 9:03 AM

» Kirk - Abby says "Worst is Over!"

Abby advises:

Tech 30% of your portfolio vs S&P500 tech weighting of 18% (30/18-1 = 67% over weighted)

Has been adding technology to her clients portfolios since early Spring (probably the April 3rd low)

Thinks worst is not over, but we'll see an "earnings recovery" in 2002.

Consumer cyclicals and financials are also over weighted in selected companies where she thinks the worst is also in.

Year end DJIA target 12,500

-- posted by Kirk



Top 71.   Aug 21, 2001 6:16 AM

» Rande - Abby lowers S&P 500 target again:

Abby lowers S&P 500 target again:

http://cbs.marketwatch.com/news/newsfind...

(from CBSM)


Goldman Sachs' influential head of investment strategy Abby Joseph Cohen lowered her year-end target for the S&P 500 ($SPX) to 1,500 from the previous 1,550, according to Art Hogan, chief strategist at Jefferies & Co. That's an upside of 28 percent from current levels. Her year-end target for the Dow Industrials ($INDU) remains at 12,500, representing a gain of 21 percent from current levels. Cohen also slashed on Tuesday her S&P operating earnings-per-share projections to $51 from $56.50 for 2001 and to $56 from $61.50 for 2002, Hogan said. Cohen last lowered her targets on the averages on April 18. On that day, she cut her 2001 targets on the S&P 500 to 1,550 from 1,650 and on the Dow to 12,500 from 13,000. Cohen also lowered on April 18 her longstanding 2001 estimate for S&P 500 operating EPS to $56.50 from $60 and had introduced her 2002 EPS forecast of $61.50.

-- posted by Rande



Top 72.   Aug 21, 2001 6:38 AM

» KLR - ABBY SUCKS!!!

In response to message posted by Rande:

[Would you follow this guy EVEN if he could produce what he promised??]

The filthbag cuts her S & P outlook to 1500 by year end (fat chance) and then says that in 12 months it'll be 1550.

Man o man, this woman and these analysts are total scummmmm!

Pond scum.

Are you kidding me? Unreal, just wish a single one of them were honest for once. Just admit you're wrong and move on.

Hey, if S & P is 1500 by end of this year I'm more than happy to say I was wrong, gladly. Will mean that you and I make a TON more money as that'll make trading a lot easier, and I'm all for it.

But, come on, these people just manipulate and lie. Never admit they suck. I've made sucky calls, many of them and I admit it when they happen. Its part of the game.

THe problem is that these people are wrong 98% of the time and never say they suck. While we are wrong maybe 20 - 25% of the time and freely admit when we suck.

One day these analysts will all be out of a job and then maybe they'll wonder why.

When people stop listening to their nonsense and start thinking for themselves, thats when I and Trendfund.com are no longer needed, and that day would make me a very happy man!

See ya on the other side, don't believe the hype,its all BS!

ABBY SUCKS!!!

WAXIE

-- posted by KLR



Top 73.   Aug 21, 2001 7:08 AM

» Rande - Re: ABBY SUCKS!!!

In response to message posted by KLR:

The big difference, aside from the more mature and sophisticated way Waxie communicates his thoughts, is that people like Abby pretend to be able to predict the future months in advance while Waxie pretends to predict the future hours in advance. Either way, nothing to bet the farm on.

-- posted by Rande



Top 74.   Aug 21, 2001 10:14 AM

» soonertimer - Re: ABBY SUCKS!!!

In response to message posted by KLR:

Here is a nice history of Aunt Abby's analyses over the last couple of years:

http://www.markpoyser.com/reports/cohenf...

-- posted by soonertimer



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