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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (12648)	10/29/2002 3:56:26 PM
From: Win-Lose-Draw	Respond to of 30712

imo none of the required changes will happen until they change the investing rules to make it every bit as easy to go short as it is to go long. until then J6P has a bias to the upside and that will drive ratings for the "tell 'em what they wanna hear" media.

To: Steve Lee who wrote (12648)	10/29/2002 4:21:06 PM
From: LTK007	Read Replies (1) \| Respond to of 30712

Such a news release i feel must transcend making or missing earnings.But things such as losing a major contract or the CEO just took off to Brazil and we don't know where he is, an the company safe is empty. The key thing is the street also does not get any earnings input between quarters. That is make a quaterly report a quarterly report(that's what they supposed to be,anyway:), because now they can play so many games on a daily basis with FD it is manipulative. Warnings, like "we now see ourselves coming in at minus 20 cents instead of minus 7cents. And come earnings they come in at minus 15cents. "XXX COMPANY BEATS ESTIMATES!". It is just a circus, and make the actual Quaterly report a joke,imo.

To: Steve Lee who wrote (12648)	10/29/2002 4:33:10 PM
From: LTK007	Respond to of 30712

S&P is fighting thus far a lonely battle regards the pension fund HOAX that has been inflating earnings for years by use of the insane "assumed earnings count, actual earnings do not count" ploy. The Street i am sure is working on ways to get public to not be aware of actual earnings that will be reported by S&P. If ever the public were to be permitted to know what a company is actually making by having reforms to strip away the legal accounting hocus-pocus, this market would implode. those reforms thus will be most likely crushed,in my cynical opinion(IMCO).Max