11/03/11 - Earnings - Stock Market's Brightest False Beacon

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Home > Commentary > Elliott Wave International > 11/03/11 - Earnings - Stock Market's Brightest False Beacon

Think Outside the Bull at bearMarketCentral.com

11/03/11 - Earnings - Stock Market's Brightest False Beacon

Robert_Prechter_80x100

By Robert Prechter

"Earnings estimators are too pessimistic at bottoms and too optimistic at tops," explains EWI's president Robert Prechter

Four times a year, investors and Wall Street watch the quarterly corporate earnings reports, trying to anticipate the trend in stocks. Another earnings season is upon us right now -- so read this excerpt and see these two charts... Read More.

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