"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