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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: CAtechTrader who wrote (20116)11/28/2000 2:15:30 PM
From: djia101362   of 65232
 
Catch, the only problem with stuff like this that Murphy said is that it gives you a false sense of hope that may cause some to buy more at these levels, which thus far has turned out to be the kiss of death.

I certainly agree with Murphy's liquidity comments but I'm still concerned with the earnings outlook. The market normally trades on about a 6 month forward looking horizon and perhaps the earnings slowdown is already factored...or should I say being factored in as I speak.
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