The stock market prices things in 2 quarters in advance(or tries to)... the key is to be ahead of things. So... the interesting thing is that with 15 billion in new write downs, the numbers are so obscene they are too difficult to understand...
all of this has people calling a bottom.
The trick in this environment is to catch the moves. the market may be going to 11K, but there are a million moves between now and then.
Friday, January 11, 2008
Markets
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