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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (40324)11/13/2012 4:55:19 PM
From: KevinKT1 Recommendation  Read Replies (1) | Respond to of 221926
 
Time to chase the moon again?
stockcharts.com



To: GROUND ZERO™ who wrote (40324)11/13/2012 4:59:35 PM
From: Keith Feral  Read Replies (3) | Respond to of 221926
 
Still lot's of crap to grind through for a couple more days.

MOS is a great case in point. Stock down hard on mediocre eps - almost a repeat of last November. Still lot's of commodity premiums to chew up and spit out.

Where there is a lot of value right now, there is no EPS growth. But, those kinds of companies will take big charges at some point to make EPS look as bad as possible so they can show future growth.

The best thing going for the market right now is the election sell off accelerated the downside faster than last year, but that still doesn't mean it's over yet. Nothing has to work until it does, and the rallies will come fast and furious.