Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 20 4:00 PM EST

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To: GROUND ZERO™ who wrote (14988)	3/7/2011 10:30:05 AM
From: giddy guru	Read Replies (1) of 222099

Chief US equity strategist for JPM, said on bloomberg that the market is looking for a pullback to SnP 1250 level in late March - early April. Many companies will reduce the earnings estimate blaming on recent spike in oil prices. Any gradual increase in crude is in par with SnP move. But spike like the recent one, jolts the whole earnings model. And, if you don't time the market it is better to reduce the exposure now. /giddy

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