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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Brooks Jackson who wrote (4568)3/9/1998 6:29:00 PM
From: Market Tracker  Respond to of 18691
 
"Earnings forecasts for the nation's biggest companies have already been slashed, with more warnings expected. First Call, which collates Wall Street forecasts, said first quarter earnings for the S&P 500 companies were expected to grow 3.7 percent from the same quarter last year. In early January, growth of 10 percent was forecast."

The above clip from Reuters portends some ominous clouds forming on the horizon IMO.

Unless you have no earnings, then I guess you have nothing to fear.

MT