imo it will test lower continually over the next two weeks while pounding out a nice but deep bottom... i would not be surprised to see the recent monthly bottom ~50% approached during extreme lows. just imo.
whats the difference between wall street guru"picks" and race track "touts" picks ? oh .. a few million in bonus money and salary
At the end of the day, analysts and brokers have to make calls, right or wrong. It's little more than Sales 101. If they're right they're a hero and clients except them to repeat the performance. If it looks like they're going to be wrong they adjust their forecasts and list a bunch of reasons to justify why they are doing so and most people will accept the adjustments and move on.