Quote:
Originally Posted by BLAZER PROPHET
I'm just the opposite. I think the market is very simple and grossly over analyzed.
For example, let's say I want to buy Nike. If I go to the pros they will tell me Peruvian peache crops have been off set by a late frost in Uruguay, combined with a 3% rise in aglet union dues in The Netherlands balanced against a questionable Hawaiin sugar crop make Nike a bad buy. Now me, when I see all the kids wearing Nike gear and it just gets more & more popular I just buy it- and it works very well for me.
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That kind of simple analysis has its risks as well. Coke and Pepsi are getting beaten up in the US market for marketing unhealthy products while sales are increasing in the international markets. Nike has a very negative reputation among runners. Go to a race and you'll see few runners wearing Nikes. But Nike has a big appeal to the casual wearer. You do have to look at the big picture.