Coming off of another quarterly earnings season media stocks seem to be back to where things were earlier this year with investor sentiment toward macro issues driving performance.  I still see more differentiation among media stocks based on individual company fundamentals.  However I see the winners and probable leaders of any rally being heavily influenced by the overall market trends.  Lately of course that is down.  Before focusing on which stocks to own or sell let’s recap the big picture one final time. National TV advertising was OK in the third quarter given the competition from the Olympics and ...