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.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (4453)	10/20/1998 11:01:00 AM
From: The Ox	Read Replies (1) \| Respond to of 14427

MC, I think the market will continue to focus on earnings, at least through Thursday of this week. Until then, unless there is something major and unexpected happening in the world, the market will continue to run up on the "good" earnings reports. Stocks continue to exceed estimates and the TV talking heads will continue to fuel bullish sentiment. As we all should know, many companies had expectations lowered, so to beat expectations is not the real story! As I see it, this falls directly into LT's premise that we need to see capitulation from the shorts and a strong bull run into a crash, which catches almost everyone off guard. Those who aren't nimble or who can't "watch the game" should be on the sidelines, IMO. Those who believe we are going down have increasing opportunities to load up and better prices. Best of luck, Michael