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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Uncle Frank who wrote (35058)3/31/2001 11:42:00 AM
From: J. C. Dithers  Read Replies (1) of 65232
 
I thought that about Nortel and Palm this past week...

It isn't the eps, it's these guidances about "no visibility." No matter what they might have already said, every one of these new statements sends the market into a huge sell-off swoon. I always think there can't be any big selling pressure left, and I'm always wrong. I've lived through bear markets before, but I guess I wasn't paying attention, because I don't remember anything like this, ever.
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