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To: fut_trade who wrote (1950)1/11/2000 12:10:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
one has to take a close look at YHOO earnings to determine if this time there are actually any operating earnings to speak of, or if it's yet again all smoke and mirrors with interest income substituting for real earnings. i always thought that if one wanted interest income, it would be safer to obtain it directly by buying t-bonds.
the current state of extreme bullishness is a warning sign of the first order, coming as it does on the heels of the NAZ's big three-day swoon last week. it goes to show that fear has been replaced by greed 100% now.