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To: gratefulwharffratt
The market is based on companies' FUTURE earnings potential.

Yes .. IMO the future of many of these companies should be strong .. but right now I see a lot of nervous folks acting like jumping beans ..

You really think some of these companies don't play with their numbers???

981 posted on 04/19/2002 8:55:02 AM PDT by Mo1
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To: Mo1
IMO the future of many of these companies should be strong .. but right now I see a lot of nervous folks acting like jumping beans ..


If a company is trading at 40 times earnings, then I don't care HOW strong the future looks. If I were an investor, that is. Traders couldn't care less about a stock's price, normally.

Just show me to the issues that have been consolidating for about three days, on a day when Greenspan says something negative about the upcoming economic climate... And give me an account with enough in it, to short those issues.

992 posted on 04/19/2002 9:07:29 AM PDT by gratefulwharffratt
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