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


To: James F. Hopkins who wrote (17012)4/21/1998 5:10:00 PM
From: Peter Yang  Read Replies (2) | Respond to of 94695
 
In recent weeks, many companies came out earnings higher than estimates that seems to imply the corporate profit has been going up and so should the stock price. However, if you look into those earning reports deeper, you see most of those companies had revenue or profit declined by a big percentage or about flat compared to one year ago. This market is in a very irrational stage and a crash is inevitable. Right now, it seems nothing could put brake on the market craziness. I wonder what could trigger a collapse in near future.