Use access key #2 to skip to page content.

alstry (< 20)

PE now BS in Alstrynomics



February 13, 2009 – Comments (3)

"This ... will be the first quarter ever of negative earnings"
Howard Silverblatt, senior index analyst, at Standard & Poor's.

I warned you this day was coming.  Now the S&P has negative earnings and the outlook is even worse.  What is the value a stock market that LOSES money??????

Soon....everyone will understand the attitude of Alstry. 

Prepare...Don't Fear....the outlook is clear.....and it is now near......

3 Comments – Post Your Own

#1) On February 13, 2009 at 8:03 PM, XMFRosetint (43.49) wrote:

You can't just discount the value of the individual companies, though. The index may have negative earnings, but some of what it consists of might not. I think that a lot of people who focus too much on the indices can't really see the forest for the trees. Finding a good value just requires some effort.

Report this comment
#2) On February 13, 2009 at 9:08 PM, alstry (< 20) wrote:

True...but you can extrapolate it to the revenues coming to government thru taxes and the consequences.....if no revenues are coming into government....then government is going to have to look someplace else for its money......comrade.

You don't have to be a pigeon to think like a black swan.

Report this comment
#3) On February 14, 2009 at 12:02 AM, DemonDoug (31.01) wrote:

i was actually thinking about this al - forget the first quarter, what about the whole year?  Many of my red thumbs are on companies that have negative trailing EPS and negative forward EPS, and to me, most of those companies' common stock is worth zero. 

It's bad, and it's getting worse.

Report this comment

Featured Broker Partners