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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Haim R. Branisteanu who wrote (75192)4/17/2001 6:30:33 PM
From: FrozenZ  Read Replies (2) of 99985
 
Thanks for a dose of reality on this thread. I was thinking I was losing my mind with the after hours markets going up wildly on intel's dismal earnings. Clear away all the pro-forma smoke and mirrors and intel is at a p/e of 100 with declining margins, declining market, declining everything and no growth. I agree this is about sentiment and fed money supply ramp up. So Haim, I guess you're with me in the camp thinking we'll tank again after earnings season.
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