The Stock Market Bubble Message Board

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Strategies & Market Trends : The Stock Market Bubble

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To: Follies who wrote (2411)	12/10/1998 6:14:00 PM
From: sammaster	Read Replies (1) of 3339

where is everyone... the bubble just popped... or at least deflated a little.... i suspect another big down day monday after more losses tomorrow... too many of the big blue chips are putting out earnings warnings and the momentum buyers that took this market up 2000 in 2 months are going to pull their money out now and maybe even short.... holiday sales lower than expected so far... brazil on the brink again after failed law... excess capacity...decreased demand....all companies are feeling the pressure... i wonder when the market will become rational and factor these in to the price?? i think even if we do tank to october levels i think earnings season in january will start the rebound with new flows of cash to ira and the seasonal uptik in sales over the holidays leading to not so bad sequential Q comparisons...but horrible year over year result.... which of course the market will gloss over as usual samir

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