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Politics : Stockman Scott's Political Debate Porch
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To: Sully- who wrote (25150)8/11/2003 2:49:48 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
interesting Monday stock reversal
from plus 55 to minus 11

something ugly this way comes
the entire stock 15-20% rise was predicated on an expectation, an assumption, and stated promises of evermore Fed liquidity

if only the investment community fully comprehended that tainted money is not real money
and unless and until real profits flow, THIS HOUSE IS COMING DOWN

I do not expect earnings to arrive
if GenlMotors is any example, we are seeing the cancer spread
their only profits are from mortgage finance operations
the cancer spreads
/ jim
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