VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (28364)	1/5/2001 2:09:53 PM
From: DiB	Read Replies (2) of 65232

>Today is building up to a +200 point drop and then we get a sheeer wall of downgrades and earnings shortfalls from next week onwards. I disagree. I think it's a headfake, and we'll finish higher. There were no major bad news that actually happened, not rumors or speculations etc. On the contrary, the unemployment number, 4 percent, was kinda low... I thought after all the hoopla about the economy it would be above 4.2 percent. Don't you think that all serious companies with good sales and accounting systems would have warned by now? IMO there will be no more warning from a major company that has its quarter end in December. -DiB

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