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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DlphcOracl who wrote (36846)3/4/2002 1:00:08 PM
From: thesilenttype  Read Replies (1) of 99280
 
Dude,the market rallied from post Sept. 11th lows,yes,but warning season for the biggies(MSFT,INTC,IBM,SUNW,EMC etc.)ended September 31st.The rally through October was the earnings run,plus from an oversold condition.We also had an earnings run from early Jan. until earnings late Jan.,and the disappointing earnings reports got sold.Earnings season for most companies won't end till March 31st.I expected an earnings run beginning April 1st,but looks like the 'recession is over' mania too much for many shorts.Remember one thing...pro forma bulls**t won't go down too well with investors this time.
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