Everbody take a deep breath
I hate to be the voice of reason, but, there has been a plethora of data to sort through this week, and, as a group I believe we have done a good job. Numerous questions that have been plaguing all of us have been answered. We have been bombarded with earnings announcements, geopolitical changes, emerging market confusion and we still have this European banking crisis to deal with.
Vent if you must, but, keep this in mind over the weekend, the share price is up 62% in 17 days while Joy Global (same sector) is up 39% during the same period. Which one do you think is a better run company?
Kindest regards,
Pundit.