MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Steve Lee who wrote (12748)	6/12/2002 4:30:13 PM
From: David Howe	Read Replies (2) of 19219

<< If we are at recession lows in terms of sales then how come GDP is at an all time high? >> Government spending and the amazing consumer. << If most companies have higher margins, then how come most companies are reporting lower earnings on those all time high sales? >> Sales have been maintained by lowering prices, thus cutting margins. As the economy recovers the pricing pressure should be reduced and sales and margins will recover in tandem. That's the bullish theory at least. IMO, Dave

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