Wall Street's Return to Paranormalcy

The Psychic Investor is bullish on Compaq (CPQ Quote). But more about that later.

It's a pleasant Tuesday afternoon in Manhattan, and on the 44th floor of one of the World Trade Center towers, Marcus Goodwin is speaking to two dozen people on the subject of psychic investing.

Now, it's not so strange that a bunch of people might pay to hear a lunchtime lecture about using paranormal powers to invest in the stock market. This is, after all, New York City.

No, what's remarkable is the identity of the organization that is hosting Goodwin's lecture. He's the guest of the New York Society of Securities Analysts, a 63-year-old Wall Street institution devoted to improving the quality of information available to investors and the competence of investment professionals. ...