Options Wonderland

[langlui]

I am telling you the MMs and analysts are playing games toegether with the companies. Analysts all came out and lowered their expectations so much so these companies can beat earnings. Then people will be like "oh wow, IBM beats.. oh wow, INTC beats".. They just don't look at the whole picture. We are in fact in recession and economy is going downhill. 1) oil & gas prices are going nuts; 2) food prices are going nuts; 3) consumer spending is going down; 4) USD is under pressure; 5) huge govn't deficit; 6) consumer confidence is going down.. there is more, but the list can go on forever.

No one pays attention to these things, and just cheer for any companies that beat earnings and did not know analysts have slashed expectation by a lot. Can these companies still sustain the growth? carrying the high profit margin? EPS growth? operating margin? sales? revenue? income? These are the questions that average investors should be thinking of.

They are playing these nasty game and no one knows. SAD.