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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (4275)	5/7/2001 9:38:37 PM
From: chowder	Respond to of 23153

You have to love analysts! Check this out. >> Tom Galvin of CS First Boston says that their three favorite fundamental indicators are moving in a positive direction. Specifically, business confidence, new orders and credit spreads are improving. He believes that "Inventories for the majority of the economy are back in balance suggesting the profit pain is nearing an end." Even so, he is downwardly revising year-end S&P 500 Index target to 1,450 from 1,520, and the Nasdaq Composite target to 2,600 from 3,000. Galvin lowered profit estimates for the S&P 500 in 2001 to $55.25 from $59.50 to reflect weak first-half conditions. << Conditions are improving .... BUT .... he's lowering profit statements. Why didn't he lower profit statements when the news was bad? Conditons are improving ... BUT, yeah sure! dabum

To: chowder who wrote (4275)	5/7/2001 9:55:00 PM
From: Think4Yourself	Respond to of 23153

re: If we get any decent builds in crude and NG this week, then Katy bar the door. The sell-off will commence. Huh? You guys are already out and some are shorting. The sell-off may well be over already and others now own the shares you all sold and are waiting for summer. If so then good luck getting back in. Regarding your comments regarding the analysts, some of the ones CNBC trotted out today made me want to puke. What blatant lying, data manipulating, worthless POS's pumping the stocks they want to get out of.