2 Responses to this post

1. TK on July 14th, 2010 6:56 pm

   Karl,
   Thanks for your podcasts, I appreciate them. I have a couple of concerns

   My concern is that compaanies lie about their earnings, it’s a fact, it happens. Companies can cook their books. As tech people tech analysis vs fundamental, it’s very concerning.

   Two, historically, early earnings, alcoa and intel, typically have been strong, then the back side of earnings season goes down hill.

   Three, underlying fundamentals, employment, higher taxes on the horizon, housing, loans, banks arn’t loaning and businesses aren’t borrowing.

   Also, apple having a recall will weigh heavily if they have a recall with the underlying.

   TK

2. Karl Eggerss on July 19th, 2010 7:46 am

   TK,

   Your concerns are my concerns. But, there is a ton of cash out there and i think we’re still setting up for a summer rally that will eventually need to be sold.

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