Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (68905)	2/10/2001 6:09:59 PM
From: Doug	Read Replies (1) \| Respond to of 99985

L.H: Profit growth of the S&P was over 20% during 99. It has dropped to 4% for Q1/2001 and falling.Further historh has shown that it is hard to ramp up earnings by more than 6% in any good Q. At best Q4/2001 can see an earnings growth of 10%. viz half that of 1999-00. The " Second half of the year" mantra will in June change to the "End of the year ". Further cuts in rates will have to deal with inflation, CPI increases, Currency devalaution and Out flow of capital.