Reply #24: It's another bit of so-called 'elevator trading wisdom' which has gotten out of control.

[Hugin]

Yeah, in a Bull market, if a couple of people trade on the 'leaning' of a business it might be profitable, but,
if EVERYONE does it, it leads to disaster.

I guess our short-sighted would-be investor class isn't savvy enough to tell when job-losses are cutting into
the meat and bone... This is no 'cutting-of-the-fat'... This is the end of these corporations as any sort of
enterprise operating in the public interest or in the interest of creating any value for investors.

*sigh* Very depressing.

Edit: On the up-side, there's plenty of fat to cut from the top of our Mushroom Shaped pay-scales. So, if there
were a mass layoff of overpaid CEO's... Well, I might jump into -that- rally. It'll never happen tho, as
they see themselves as the 'talent' ( :snort: :ahahahahah: :guffaw: ) behind the business.