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Strategies & Market Trends : The New Economy and its Winners

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To: schrodingers_cat who wrote (12059)6/14/2002 12:48:42 AM
From: techanalyst1  Read Replies (1) of 57684
 
Yeah but gdp is calculated such that a draw down in inventory is seen as growth. If we saw 6% growth and that isn't sustainable, how can earnings growth be great with slower growth? And if companies are still guiding lower, then there can't be great growth. Tech sector hasn't seen superb growth even with all those great numbers.

And NOW we have charts breaking apart left and right. The question in my mind becomes: Is this just an earnings revaluation towards historical levels, or are stocks indicating that the recovery is stalling out? Charts tell the story before you know why they look like that.

If that scenario does play out it doesn't necessarily mean that we go lower, but maybe just don't reach the last downtick till then. I'd sure be worn out.

TA
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