The so called Market Experts

Nifty ends around 5050: Experts say 5200 is a distant dream - Oct 21 2011

Nifty may see a relief rally, but 4700 is certain: Experts - Dec 12 2011

Downtrend still intact, Nifty may see lower levels: Experts - Dec 13 2011

Experts see new lows for Nifty; RBI policy eyed - Dec 15 2011

Nifty may see 5700, valuations look attractive: Experts - Jan 26 2012

Experts don't see Nifty going below 4700: Experts - Jan 26 2012

These are the headlines on a popular website that have the so called experts predicting the nifty levels. I wonder who these experts are and why do they keep changing their opinion so frequently. It's like dancing to the tunes of the market moves. If the market is trending higher, these guys come out and make predictions on the upside whereas if the market is looking down, they change their minds. If their predictions are so fragile, then I really don't think the term "Experts" makes any sense.
It's probably better to throw a dart and make a prediction ourselves rather than listen to these so called self proclaimed market experts.

Don't the TV channels or websites who feature these market experts and their predictions understand this? Well, they very well do. Then why do they feature the so called experts and their predictions? That's because of us, the viewers who are looking for that daily dose of tips and predictions. As long as we are interested in listening to the commentary of these experts, we would keep seeing them.

I just have one thing to say. Listen to the predictions if you want to but don't take the predictions seriously :)