Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: pull_da_trigger who wrote (6955)	3/16/2001 9:18:38 AM
From: Montana Wildhack	Respond to of 14101

PDT, Thanks for that. I'm looking forward to it. Here's an interesting excerpt from an ROB article in the Globe this morning: Market gyrations leave strategists clueless "With the economy weak and corporate earnings estimates in freefall, we admit that our preferred approach of trying to construct a bottom-up, sector-by-sector forecast of S&P earnings does not work." Edward Kerschner, UBS Warburg's chief global strategist in New York, wrote in his latest report this week. "Frankly, it amounts to a pooling of ignorance - strategists manipulating the estimates of analysts," he added, "who are following the guidance of managements who are clueless about the near-term course of earnings." ......... Meantime with the huge slowdown in demand, inventories in the US actually rose last month despite a pullback in production. Inventory levels along with purchasing manager trends are two of the stronger key indicators of an economic cycle. The end of this slowdown will be first signalled by stronger purchasing manager numbers following several months of inventory shrinkage. Until that happens we are still entering the slowdown on a timeframe basis - not exiting it. Wolf