Sectors and Styles Strategy Report: August 25, 2008

excerpt from this week's report*:

"Back on February 11th I wrote a report titled “What are the Sell Side Analysts Smoking?” The commentary and report focused on the excessively optimistic outlook earnings forecasts for 2008 by bottom up analysts. Excessively optimistic in that top down forecasts were substantially below the bottom up numbers..."

*Published Aug. 25, 2008. Subscription required. For more information, click here