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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (393820)6/24/2008 1:50:57 PM
From: Road Walker  Read Replies (1) of 1583446
 
I have long felt that U.S. earnings expectations remained too elevated. But not for long, as those inflated expectations are now being reduced and are being deferred from 2008's second half and into 2009-2010. Indeed investors' aspirations of superior returns on capital are now being replaced with the fear of whether their capital will be returned.

Sure 'feels like' we're going to have a drop in equities. I've got stops on everything in my trading account.
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