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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (15327)12/4/2002 5:31:33 PM
From: Steve Lee  Read Replies (1) | Respond to of 19219
 
This article is vital reading, IMO, for anyone that wants to understand why the recent rally has occurred, and also gives one reason of why reported earnings are bogus.

cbs.marketwatch.com

It concerns IBM's pensions shortfall, recent announcements from IBM, and what these companies with shortfalls have been doing in the market recently (buying each others shares aka throwing good money after bad).