SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JRI who wrote (25283)12/16/2001 11:49:58 PM
From: velociraptor_  Read Replies (1) of 209892
 
Swonk needs to do a little more thinking. The only reason inventories were drawn down was because production was decreased and deep discounts were offered to unload the current inventory. This creates lower profits for the selleres, but even more important, it created a big black hole for the next 6 months on the buy side. Take the auto industry as an example. Most people that planned to buy a car sometime over the next 6 months probably jumped on the zero % financing deal. Who does that leave to buy cars in the near future, espcially if rate cuts are now ending and inflation starts to return which it looks like it might.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext