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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: ZenWarrior who wrote (70073)4/15/2001 10:11:23 PM
From: Anthony@Pacific  Read Replies (4) | Respond to of 122087
 
I dont believe their upgrades are worth paying attention to
They all downgraded at the bottom and revised all estaimates way down.,.so Its in evitable that these companies will start to beat these much lower expectations ..

But so what ...if they start beating very low expectations.. Most numbers are all baloney anyway.

Rimm actually lost mopney ...yet they seemed to fool everyone to think they beat...by not counting investment losses,, yet in prior quarters they Included investment gains..

You cant 1 thing in your baloney profotrma numbers one Qtr after the next and all of a sudden stop countin it...the first time that line item doesnt help you..Thats accounting trickery

We will see more acctng trickery..more and more of it , coupled with more analsyt shenanigans...and thus the gap bewteen the publics trust and Wall Streets Integrity will widen and widen..and a further erosion of confidence

Plus we need to reverse the amount America saves in its savings accts..we went from an average of 11% to a current negative 1% in the last few years..
An increase in Savings means a further depression on Consumer spending..since such a huge percent of our Gross nation Product is public spending on retail goods
The more of a lesson we learn, the longer the recession will last..

I see no big moves in the mkt either way for the next couple years..Just a nice sideways nothing kind of mkt.

Side ways , with only really performing companies benefiting much and those will get overbought as people rush in to to the ones percieved to be beating the trend to stay sideways..

anyway thats what I think for a while