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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (4223)3/17/1998 1:17:00 PM
From: Kirk  Read Replies (2) | Respond to of 42834
 
Looks like AJC and BB are marching in lock-step upward to new market highs.

Yes, but I believe BB is talking about a more conservative growth of 4% for S&P earnings of $47 for 1997 to $49 for 1998 while AJC has had nearly double the earnings growth expectations. Be interesting to see who is right. BB seems actually more bullish than AJC given the lower expected earnings where, as he has said, surprises will be on the upside.

Has anyone heard of a website that tracks S&P500 earnings and earnings estimates?

regards
Kirk out



To: DD™ who wrote (4223)3/17/1998 3:04:00 PM
From: Bald Eagle  Respond to of 42834
 
I've seen that Elaine Garzarelli is now bullish. That's kind of scary.



To: DD™ who wrote (4223)3/17/1998 7:21:00 PM
From: sea_biscuit  Read Replies (2) | Respond to of 42834
 
A great day to own stocks. Investors, feeding on the strong economy, push the Dow up to an all-time high.

Optimism abounds. "As time goes on, the economy is becoming less and less vulnerable to big booms and big busts," says L.O. Hooper, of the W.E. Hutton & Co. brokerage, in the current Forbes. "Competent economists, constantly more influential in government and in money management, are doing more and more to keep trends in control."

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Oops... I forgot to mention the date for the above -- January 11, 1973! (Dow : 1052). And when it was all over by October 1974, the Dow stood at 585.

Every generation has its darling bulls, who are worshipped by people until they take that fatal wrong turn...

Always helps to keep things in perspective.

Dipy.