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Post# of 704049
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ajtj99

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ajtj99

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Re: michalel97123 post# 4620

Wednesday, 07/17/2002 10:32:40 PM

Wednesday, July 17, 2002 10:32:40 PM

Post# of 704049
michalel, when have you seen one of those bombings make a difference in market direction for more than 15-minutes during the months of June and July?

The bombings are so commonplace now and the retaliation so predictable that the market has discounted any shock effects.

The market is all about confidence in the US economy right now, and there is no confidence in the ability to maintain questionable trailing earnings let alone grow real earnings.

The only bombings this market is watching out for now is companies re-stating earnings due to accounting irregularities.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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