new update from sp 4thq 2008 "Operating Earnings (bottoms up)" .. this is the most optimistic number ex write downs .. came in at -0.56 this is unbelievable .. as reported earnings ..which should be the 'real number' is -20.73!!! They are still forcasting $64 (LOL!) in earnings for the year ..bottoms up .. which there is no way in hell they will ever come close .. this is historic stuff guys ... http://www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS
Take a look in this article guys: A Bad Decade for Nonfinancial Profits http://www.businessweek.com/the_thread/economicsunbound/