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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (21377)1/14/2003 6:43:03 PM
From: Bid Buster  Read Replies (1) | Respond to of 57110
 
I think your right about diminished bears on si...i have a feeling that many bears underestimated this bear rally and didn't allocate or hedge sufficiently...But as in the case of bear markets few get out with their skin...longs or shorts.



To: Jorj X Mckie who wrote (21377)1/14/2003 6:51:18 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 57110
 
i think it depends greatly on the earnings guidance after we get this quarter's reports....

the market has already priced in continued growth...fourth quarter was estimated by first call at 11.1% (that would be the 3rd quarter in a row of earnings *increase*)the estimate for the first quarter is 11.2%...but if the guidance is weak, we'll start hearing talk again of the double dip.


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