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Strategies & Market Trends : Drillbits & Bottlerockets
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To: Jorj X Mckie who wrote (9787)5/4/2001 1:52:34 PM
From: Junkyardawg  Read Replies (2) of 15481
 
Its days like this that remind me of last year.
Last year when I started losing my portfolio I was long and earnings were going up but stocks were going down. I remember thinking, why are all these stocks going down when earnings are going up and everything looks so good. Hell, even the FED couldn't put a dent in the market.

Now it seems just the opposite is happening. Stocks are going up when earnings are going down and the fed is lowering rates. Maybe I have never truly understood how far the market looks ahead and maybe that is my problem.

thoughts from the dawg
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