PW – the examples of that are right in front of you. All of the homebuilders have rising 12 month EPS, they have dropped in disounting of a future drop. I have emailed you charts that show this.There might be an exception or two, but most homebuilders and lenders have rising 12 month EPS as we speak. I know you claim their earnings are dropping, but they are not yet on a 12 month basis, which means alot more than just one report.
This is a known fact on wall street, so no sense debating this. The post by the gentleman earlier I think must have been just his opinion, the numbers do not back him. You can always point out exceptions to anything, but the example you state supports our point. They announced slower sales which lead to anticipation of lower earnings that have not been reported yet.