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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (6955)12/20/2001 4:03:15 PM
From: Jorj X Mckie  Respond to of 23786
 
show me a sector that hasn't corrected yet and I bet there are some cockroaches to be found.

But

I was thinking more along the lines of the creative accounting. I have mixed views on pro forma accounting. I do see some value in the number that comes out of pro forma reports, but there is also the argument that, when those one time events become regular occurances, it can be pretty deceiving. I guess I am just speculating that the economic environment of the 1990s provided lots of opportunities for questionable financial tinkering.

On that note, referring to the Naz chart that Rich1 posted a bit ago, we just broke a double bottom on the 20pt chart.

ne bonne pas