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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (16542)9/17/2001 9:23:03 AM
From: DebtBomb  Read Replies (1) | Respond to of 208838
 
The CAC is back to red. What really worries me is, some of the talking heads are telling people to still hold, just like they did all the way down from the bubble top.
And, AJC is now saying the S&P 500 is only undervalued by 15% now, down from 25%.
This market is about earnings and valuations, period.
And, there is so much uncertainty in the markets now, people are bailing.
I'm shorting any manipulative bounces this week.
Chuck Hill's comments on forward earnings: biz.yahoo.com
Interesting read here on the so-called patriotic rally: money.com
Can you imagine the whipsawing this week, anytime there's breaking news, anytime there's an explosion, anytime there's a fire, or plane crash??