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Strategies & Market Trends : Three Amigos Stock Thread
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To: James Strauss who wrote (8402)9/6/1998 6:30:00 PM
From: Sergio H  Read Replies (3) of 29382
 
< If we continue along this current path the market will continue getting weaker.>

There are some analysts and circles that will turn very bullish on our market, at least short term, beginning next week. As the stock market continues to establish a bottom, more and more bottom fishers and buyers will participate in our markets.......with or without a rate change.

Jim, now that we defined our positions, let's go for some evidence to back our arguments up. Would you say that a look at earnings revisions over the last few weeks would be a good indicator of expected future growth for American Cos. ? If earnings have been revised upward their future is not considered in jeopardy and an investor should be bullish. If earnings have been revised lower that would be a bearish signal. If earnings have predominantly remained unchanged, then the stock market fundamentals are better now than they were a month ago.

Sergio
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