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To: yard_man who wrote (180062)7/15/2002 5:11:11 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
how do they spin this stuff bullish with a straight face

I know. I heard some clown on CNBC today spin that as bullish. Said something like businesses are building more inventory to anticipate demand picking up. He said it was a great sign.

There was no mention that he thought that inventory liquidation before was bullish. Nor was there a word about maybe inventories were up because demand sucks.

Meanwhile, Ron Insana AGAIN trying to pin someone down about the bottom, this time Byron Wein. And Byron is spewing forth nonsense about this being an encouraging sign, and he thinks Q3 and Q4 earnings are going to be up substantially. He's gonna in for a surprise.



To: yard_man who wrote (180062)7/15/2002 10:04:56 PM
From: Earlie  Respond to of 436258
 
Tip:

LOL!!

Too bad they didn't check into the high tech arena. Then again, maybe they tried, but couldn't get through any doors as a result of the finished goods piled to the flourescent lights. (g)

Got tarps?

Best, Earlie