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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: StormRider who wrote (33456)8/23/2001 7:58:35 PM
From: Electric  Respond to of 37746
 
I tend to concur. I think there are more companies saying that they have zero clue as to when things are getting better, I am curious though as to how this could start a domino effect..people see the big guy saying things are stabalizing and others start to follow..around next earnings. I think so many companies are trying to be ultra conservative now because they can and because it is safe..I cant see how any company could say they have no guidence until 2003..whoever says that needs the CEO to be replaced.. no wonder I keep getting class action lawsuit mailers about everyday in my mailbox..

All signs point to selling, so I expect the same to continue especially since we have complete morons in the Fed who cant get their story straight..Beige book says economy is getting worse..Fed meeting minutes say some voted to quit easing..Makes alot of sense.