Dr.Bob
In light of what is going on presently , and what we have seen some companies do """""after"""" pre-warnings period , I was wondering what you thought risk reward was , versus other time periods. Would it not be safer to let a couple of qtrs play out , therefore lessening the risk. I have lost all faith in holding through the day. All it takes is one pre-warning and you are ruined. Once that starts to really sink in , I think the risk of holding overnight is prohibitive , with all the uncertainity we have now . There were a couple of companies that came out , after earnings warning period , looking back you see can see the carnage they caused throughout the entire market. What would you see as a maximum period of time prior to us being able to start up a bull market again ? and what level would you see the nas being at to be safe?
In closing , I personally feel , there is no way of most of the nas stocks being able to safely be able to deliver proper earnings without the issue of the euro being settled, I believe (do not quote me, I believe I heard this) CIENA just got effected by an eastern european competitor, (imho) this is just the start of the problem (imho).
Mj |
