Wednesday, July 22, 2009

The new straw man

OMG! Sales are down! Look at what The Business Insider trumpted:

"Folks, These Companies are Missing Earnings"

That being said, we can second-guess the media, which is kind of banging on this signs-of-stabilization-green-shoots drum again, with respect to earnings. The problem is, earnings are crap.

And then, they quote another blog.

Who cares? Who writes this stuff? Stocks are going higher! Does this make you any money?




So what is the purpose of putting out these headlines?

Well, what is the purpose of these blogs, writing doom, and costing you money?

So top line growth is the new "fearful straw" man.

OMG! Just get me a match!

Because this talk is like a fart in a bathroom.

Just light a match, and burn it up!

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