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Strategies & Market Trends : Bear Market Momentum Investing -- Ignore unavailable to you. Want to Upgrade?

To: bela_ghoulashi who wrote (91)3/18/2008 10:09:37 PM
From: lexi2004  Respond to of 248
 
MS..

"It won't take a lot to please the Street: consensus is for a 53% decline in profits and a 28% drop in revenues. If Morgan doesn't announce unexpected writedowns or give disappointing guidance, the markets should be good to go."

53% DECLINE in profits and 28% DROP in revenues and the market should be 'good to go'???????? What's wrong with this picture?


cnbc.com



To: bela_ghoulashi who wrote (91)3/18/2008 10:22:13 PM
From: Peter V  Read Replies (1) | Respond to of 248
 
if I can get my pea brain around that article, Morgan Stanley, with the 2.38 ratio, looks worst? and LEH is next? And we won't know about Goldman for a month?


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