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Old 04-11-2008, 10:52 PM
I-luvmoney I-luvmoney is offline
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Default GE's big miss brings worry back to Wall St.

[QUOTE
GE's profit shortfall slams stocks, leaving investors to wonder if more nasty surprises are ahead. IBM earnings will key next week's markets. A report on consumer sentiment hits a 26-year low. Goldman Sachs says investors should short Washington Mutua

April 11, 2008 -- 16:15 ET [BRIEFING.COM] Due to General Electric s (GE 32.05, -4.70) massive 2.8% S&P 500 weighting and wide-range of businesses, the market pays attention when it provides a disappointing outlook.





By Charley Blaine and Elizabeth Strott General Electric's (GE, news, msgs) profit miss and weak 2008 outlook battered stocks on Friday and put investors on edge as the first-quarter earnings season jumps into high gear next week.
][/quote]


I am just wondering if the market and the housing market are ever going to get it right and fix this mess we seem to be in

read here http://articles.moneycentral.msn.com...11markets.aspx
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