Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (13196)	10/30/1997 1:28:00 PM
From: steve susko	Respond to of 50167

Doesn't those orders tell you something? A humongous order from Merrill Lynch lifted the market on Tuesday. Same thing today. The big financial houses are trying to save this bull market cause they will not be making obscene profit in a bear market. But I wonder how many times they can do this. .and on corporate profitbility - this has already been build into the market. The Asian trouble is big for the US market as the equity market is forward looking. Although the profit % is small for US companies, the future growth depend very much on the consumption of US goods in the Asian markets.