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To: oilbabe who wrote (4558)10/4/1999 9:51:00 AM
From: JakeStraw  Read Replies (1) | Respond to of 10027
 
Trading volume always drops in the summer, picks up some in the fall, then takes off in the spring. I guarantee that estimates w/b raised in 2 months.



To: oilbabe who wrote (4558)10/4/1999 11:38:00 AM
From: Dalin  Respond to of 10027
 
however, these revisions are backward looking, and hopefully there will be upward revisions in the near future, starting with the earnings report.

I agree......with these downward revisions, I would have thought we would see more selling pressure. In fact, money flow is still positive and we are down 1/2 pt. I think most sellers are already out and the longs are waiting for the earnings report. Qtr to qtr we will be down but how about year over year? Its too bad the market has such a short term view of things,(I read somewhere the average hold time is now below a year) but I guess that gives us long term investors opportunities.

BTY!

D.

EDIT: scratch that, we are now GREEN!!