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Jack in the Box Inc. Message Board

  • phigamcwby phigamcwby May 6, 2010 10:43 AM Flag

    Big J - Thoughts on the current selloff?

    Big J - Just curious what your thoughts are on the 3 day sell off we are experiencing. Do you think it is a short-term correction...or the start of a major pullback? The news on the home front (earnings up for most US companies, manufacturing up, jobs #’s looking good, etc.) looks promising...at least enough to keep the bull run going another few weeks. Do you think the Euro problems are a major cause for concern? It seems a bit over exaggerated to me by both the media and the market bears. I think we are due for a correction, but this seems to be a bit forced (i.e. - shorts and bears jumping on the news to push their case). Any thoughts?

 
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