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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: StocksDATsoar who wrote (117905)8/7/2003 10:14:43 PM
From: StockDung   of 150070
 
Sonja Rudd, analyst at Wall Street Capital Funding LLC in Weston, Florida, said, "Consumer confidence is showing a 9-year low. However, consumers may say they are not confident, but they are still spending like there is a party going on somewhere. Autos, homes and durable goods are still holding their own in monthly consumer tallies.</P>
<P>"I guess with zero-percent financing being extended by GM, Ford, and other major auto makers, along with low mortgage rates, enough consumers have spent in these two areas to help keep the economy afloat," Rudd added
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