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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (91100)11/2/2009 1:47:10 PM
From: rogermci®  Respond to of 94695
 
More from Fleck:

"Heading into earnings season, I expressed my belief that most companies were set up to win at "beat the number," which they did. What I was curious to see was how the market would respond, and, in essence, the good news was sold.

In other words, we might witness the evolution of a true stock picker's market for the first time in years, rather than the market's being essentially "all one trade," which has been my view."

I can subscribe to that. I'm all for a stockpickers market. My feelings regarding the reaction to Q2 earnings coincides with his.