Earnings are cratering !

S

sobemark

new update from sp

4thq 2008 "Operating Earnings (bottoms up)" .. this is the most optimistic number ex write downs .. came in at -0.56 this is unbelievable ..

as reported earnings ..which should be the 'real number' is -20.73!!!

They are still forcasting $64 (LOL!) in earnings for the year ..bottoms up .. which there is no way in hell they will ever come close ..

this is historic stuff guys ...

http://www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS
 
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