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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: bearbyebye who wrote (39801)	4/2/2009 4:51:10 AM
From: Real Man	2 Recommendations Read Replies (1) \| Respond to of 206942

Posts like that make me wanna sell stuff. <g> Today is M2M day, and da boyz may just sell da news. I would not be surprised, as I was not surprised they rallied spoos into it. Earnings season is coming. The numbas may not be pretty, given that folks have been losing jobs a million a month, especially in the real part of the economy. Financials will likely have a better season, as write ups are likely to occur due to M2M rule. The question is, given that this is liar accounting rule, will the market have confidence in the numbers? What will they be? I would err on the weak side for tech, strong side for financials. FWIW, AXP is being heavily bot by insiders.