People to listen to (part 1)- analysts on Wall Street are overwhelmingly making bad calls

One has to be very careful with so-called "experts". Here are some with a good track record - I list them as they come to my mind, it's not a ranking. To think outside of the box is anyway tough on Wall Street as too many forces manipulate them into being one way thinkers or opportunistic.

- A guy always worth reading: Marc Faber

Excerpt
http://www.cnbc.com/id/27295113

The $700 billion US financial rescue plan might give the market a temporary boost, but eventually stocks will fall again, Marc Faber, the analyst know as "Dr. Doom," told CNBC.

Faber, editor & publisher of “The Gloom, Boom & Doom Report”, said he doesn’t believe that the recent efforts to ease the global credit crisis will help.

“It will work temporarily in the sense that some confidence is coming back into the market,” Faber said about the bailout plan. “First we’ll get the bounce from an oversold level and I suppose afterwards it will drift because the global economy is decelerating at an unprecedented pace, and the governments in the Western world they try to reignite credit growth, and I think it will fail.”

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A lady who got it right on banks: Meredith Whitney

http://www.generationaldynamics.com/cgi-bin/D.PL?xct=gd.e080731

read the link and you find interesting things - I agree on the Citi evaluation, even Goldman joined yesterday :) - stay away from Citi except for shorting it.