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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Wren who wrote (17540)	12/27/1998 6:30:00 PM
From: yard_man	Respond to of 18056

Wren, I read that article over the holidays at my in-laws. Nice charts accompanied the article. Lookingh at these arguments and the weak retail sales for Christmas I have to wonder if we haven't already started to see some effect from the market decline in Oct/Sept I know the market is back up again -- at least for a while, but I think people have already started to grow cautious. I think economists may be surprised (not difficult to surprise them, is it?) at how fast demand can contract here while everything looks so good, if the market were to tank again. Did you catch Dreman's article in the same issue? He showed how badly analysts have stumbled in predicting future earnings in past years. As is expected during the bull they have always tended to err on the high side by a wide margin, even with all the creative accounting that goes on. Dreman says flat to negative earnings growth next year -- boy he's a sage isn't he? <VBG> Good luck., Tippet