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Re: leekramer post# 60155

Monday, 12/30/2002 8:49:32 PM

Monday, December 30, 2002 8:49:32 PM

Post# of 704041
"Rising earnings don't make stocks go up; orders to buy stocks, [more orders/volume] than orders to sell. Earnings. Feh. One more myth."

in the very short term you are correct, it's all about perception

but in the long term it is ALL ABOUT earnings... the bear market won't be broken until "real" earnings and valuations make a decent bottom, and all the "believers" pack up there marbles and go home

you are a perfect example of the bubble mentality still being alive and well


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