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


To: Sharck who wrote (36600)10/17/2001 7:43:20 AM
From: GREENLAW4-7  Read Replies (2) | Respond to of 37746
 
Sharck, for the first time in a long time I believe this scenerio of MARKET MELT UP has been staged by funds to get the PUMP they never got in the summer.

I listened to INTC's earnings report and I was SHOCKED at its trading after hours??

This market is trading on a thread, and I wonder what will be the catalyst to send us below 1200??



To: Sharck who wrote (36600)10/17/2001 8:58:16 AM
From: velociraptor_  Read Replies (2) | Respond to of 37746
 
Sharck...take a closer look at INTC earnings. They are DOWN 96% from the same quarter last year and DOWN 36% from the last quarter. Not quite the image of less deterioration. Don't be fooled by Pro Forma as they degree of abuse of this method of accounting has intensified. Companies earnings are rotting out from underneath and Wall Street as well as the media are hiding this by not focusing on what is really going on.