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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (124882)	10/23/2012 9:42:45 PM
From: RetiredNow	Respond to of 149317

I haven't said anything about Office Depot or Staples. Those are your words. I have posted articles showing the amazing number of negative earnings announcements. Tell me this. When 90% of companies are decreasing their earnings outlooks for Q4, exactly what do you think that means? 90% is a horrendous figure. Earnings Cliff Ahead? Profit Outlooks Are 90% Negative That's a 90 percent negative run rate that many investors and analysts have never seen before. “Although guidance tends to be downbeat, this is especially negative,” wrote Goldman’s David Kostin, in a note to clients over the weekend. The strategist sees this negativity leading to a 14 percent drop in the S&P 500 this quarter. cnbc.com