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  • Preview from Europe: Pigs Scare the Market Bulls [View article]
    "..... there does appear to be some underlying resilience to the recent rally, presumably helped by the positive earnings surprises ...."

    et tu Mole ? I cannot fathom the notion that when revenues are down 20-40%, and earnings down by 40-80%, we should rejoice because of the "positive surprise" that they are "higher than expected". I imagine that those who did the "expecting" were being clever, hoping all will celebrate and drink the kool-aid.
    Apr 28 07:01 am |Rating: +2 0 |Link to Comment
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