S&P 500 To Lose 150 to 200 Points in April 2013 ........................
Over the last two weeks, FDX, ORCL and RHT all received prompt 10% or more reductions in their stock price after reporting relatively good earnings. As earnings are reported over the next few weeks, It is much more than likely, the remaining 497 S&P stock will also receive similar reductions in their stock prices.
They said that about Feb 2013, then March, you figure you might eventually be right,, or not. Fyi, ORCL sales has nothing to do with the broader economy. That's just simple database/software sales. Maybe ORCL has some software saturation issues, like the iPad. Slowiing AAPL sales doesn't mean the economy is in the dumps, just means everyone's got an iThing.
Three stocks report, FDX, ORCL and RHT, and they all immediately dump down 10%++. It tells me the market thinks stocks are over valued. Three stocks in a row is not a coincidence. There are plenty like AA coming up in less than two weeks which will report out right bad earnings. In the case of AA, the stock is not at all time highs, but, it could easily lose $1/sh which is 10%++. It's fairly simple, if all 500 S&P 500 stocks drop an average 10% after reporting, which is already happening, the average will lose 150 to 200 Points.