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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TheSlowLane who wrote (46437)2/18/2004 3:40:51 PM
From: Box-By-The-Riviera™  Read Replies (1) of 74559
 
a poor assumption IMO, and inventories, all other things considered, will not be what the forward look is looking at. regarding haim's comment, you have not factored in the speculative nature of the moves at these levels, and to what those trade positions are tied. i think you may well understand it once the turn takes place, which may be soon by all appearances. but date and time are always difficult matters.
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