One argument many analysts have been making for getting back into the market is to avoid the rush when interest rates are cut.
Although compensation varies widely, top analysts can make $2 million or more a year.
"A year ago, analysts were making two cuts for every increase."
Market predictions that some analysts made at the end of 1990 for this year have almost been fulfilled.
"If management doesn't know, how can analysts possibly make a good forecast?"
But the more frustrated analysts can also make a compelling case.
But for now, the choice was probably simpler than analysts made it seem.
And the analysts are already making plans for next year.
"I wonder if an analyst can make anything important out of it?"
But few analysts can make sense of both Internet technology and the economic models that will lead to success on the new medium.