Discussion in 'Trading' started by Aaron Copland, Jul 7, 2008.
Tell me it aint so, corporations are going to warn, and drive the dagger home on the bulls.
Which company will it be today? I am going to guess it will be someone in tech.
I expect Alcoa to announce ugly numbers tomorrow. Their wording on the economy will also be extremely negative.
AA and GE this week, I dont see anything positive coming out of either of them.
Looks like sell the rallys still works.
Who is going to get halted in the next hour and pre-release earnings?
Airtran laying off 5% of workforce
Not major news
I doubt anybody is expecting anything positive, especially after GE flunked last quarter so badly. Gun to the head I'd say if GE doesn't miss again (like in March) and just reports in line numbers it would lift the markets on Friday.
GE always sells something to meet it's numbers. The climate aint to good for them to pull that off.
tell me something new....its a little late to pre announce warnings...all this negativity here after the market has sold off is a little late...kinda like putting a 'sell' on GM at 10$...big rally coming, no doubt.
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