Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (92163)	1/5/2010 6:34:12 PM
From: robert b furman	2 Recommendations Read Replies (3) of 94695

Hi GZ, I think there is substantial nervousness at this high lofty recovery level. There are some grabbing thier money and running on generally low volume. It's WWW week and the volatility goes both ways. We need to make it into next week and I think earnings will surprise most. We finshed a stronger than normal month at the two GM stores. I'm hoping even the consumer has been holding back and there is some pent up demand on top of seriously depleted inventories. Just had a Chevrolet management webcast and inventories are historically low with shortages of product and record sales of Camaro ,Traverse,Equinox(adding third shift) and Tahoes are at max build and no stock on the ground. This is not a stimulus hyped level of activity, it is genuine demand. Had GM management say they wanted to turn the inventory with velocity - thought I was going to fall out of my chair - that is a paradigm shift compared to production push failed thinkiing of the past. Should boost Q 1GP substantially. Bob

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