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To: rohry
Show me the quote where I predicted lower bottom. The times I mentioned other bottoms were for the purpose to see if any of these doom and gloomers would put their money where their mouth was. I finally found someone that was willing to risk $50 at the Dow going below 6500. 7500 is a level that is realistic given the conditions, but there will be way to much support for the Dow to stay there or even approach 6500.

As for the earnings I used as being 'WRONG', it seems you are comparing apples to oranges. The numbers you refer to are some 'new earnings definition' for the June numbers which seem to include a new caculation for Pension expenses. The numbers I refer to are the expected reported earnings at the end of the year, which probably do not use the 'new earnings definition'.

60 posted on 10/30/2002 4:16:46 PM PST by Always Right
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To: Always Right
"Show me the quote where I predicted lower bottom."

I'm sorry, you misunderstood my post. You predicted a bottom in July but we went to new bottoms in September-October...
61 posted on 10/30/2002 4:58:25 PM PST by rohry
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