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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (6263)10/14/1997 9:53:00 AM
From: Cynic 2005   of 94695
 
Bill, your predicted sell-off may very well come. To me it looks as though everyone seem to have placed their bets before earnings and in the process discounted earnings for the next 2 years or so. And just waiting for others to pick 'em up at even higher prices may be a dream that will not materialize this time.
If you look at companies that have better than expected earnings already, their shares have not sky rocketed like last Q. One must ask, why so?
-Mohan
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