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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (11022)5/15/2002 9:48:50 AM
From: Bucky Katt  Read Replies (1) of 13094
 
Jim, story in the WSJ today about CC and how it's finance segment has provided over 1/2 of pre-tax income over the past 2 years....(50.4% on pre-tax earnings of $259.4 million)

Yikes, another GE in the making!

As you know, I have traded this one long and short to nice gains over the past year or so, and this is the first time that CC has made these earnings visible.

I still say the American consumer is drunk on credit, to the point of no return....

And those AMAT numbers look like sh*t...Who cares what their book to bill is, that can change, fast...
A good short pick, Imo...
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