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jaxstraw

10/15/09 9:21 PM

#44135 RE: kidmaxxxx #44134

Thanks for your insights, like you said, all points should be discussed.

So many companies are reporting losses ( most not in BK ) or bad profits and they are getting a boost in the financial news because 'the losses beat expectations of losses predicted' or something along those lines.

Cisco, Alcoa, IBM, Intel, etc, they all posted bad profits but beat expectations for the last two quarters.

You hear this over and over these days during this recession.

And it is these quarterly reports that are making the market soar !!

So who knows how CEMJQ 3rd quarter will be received.