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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (175971)10/4/2003 1:28:13 PM
From: tejek  Read Replies (1) of 1578974
 
"The fact is that the economy is recovering, and the best proof of that is what's happening with corporate earnings. This is a little-known fact — I don't know why — but the reality is that S&P 500 earnings outside the technology sector are now at an all-time record high. That's right, the actual earnings booked over the last 12 months by the 422 nontech stocks in the S&P 500 are the highest in history. Who knew?"

I appreciate the links. I had not heard about the S&P earnings although I suspect given yesterdays rally on somewhat weak job news, that this quarter's earnings are better than expected. I do know that a lot of tech as been warning to the upside. I believe its a good time to stash some tech away in your 401. Having said all that, I still worried about high NG and oil prices derailing the recovery.

Having said all that, what does all this have to do with the post you are responding to....the one where I talk about McNabb? No big deal......just curious.

ted

ted
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