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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (9196)10/8/2001 11:02:21 PM
From: Gottfried  Read Replies (1) | Respond to of 23153
 
dabum, well, my phrase "weasel words" caused you to write another good post. BTW, when I say "the SOX has bottomed" that statement is only valid until I change my mind. And when I do I may not post it here. :) I'm observing right now and not buying. Lousy earnings reports coming are a given. I'm nervous about market reaction when our war sees its first setback.

Gottfried



To: chowder who wrote (9196)10/9/2001 6:35:51 AM
From: jim_p  Respond to of 23153
 
da-weasel-bum,

"On the side of the bears, we have earnings at record lows, earnings that aren't expected to rise next quarter either. We have a record number of jobs lost, a record number of bankruptcies, a record number of credit card delinquencies, a larger number of people with lower consumer confidence levels. We still have a large number of CEO's without visibility, lower capital spending and a war that is certainly going to create more uncertainty. How can this market sustain a continued rise in the face of these uncertainties?"

You forgot the lack of insider buying.

da-brother-bum.