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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (13439)10/14/2004 11:04:40 AM
From: russwinter  Read Replies (11) of 116555
 
<GM misses by a mile>

Add this:
Message 20639958

It's astonishing how the cognoscenti fail to connect the dots about how this impacts the "big picture" and reality about what's going. Instead the playbook just says, "sell this one, and buy something else, like retailers, or tech, or XLY consumer discretionary", which of course all have their own set of problems. The losses they will garner from doing this will be well deserved too, zero sympathy from me. One big story not getting much attention is that the airline industry is collapsing, that one alone is a major economic hollowing.
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