To: EGGSHAPE who wrote (1759 ) 4/24/2003 4:42:43 AM From: Ditchdigger Read Replies (1) | Respond to Good early morning Eggshape,,will check out the ng play. I think we have to wait and see how the crude oil dust settles. Might be some major oversupply going on..And of course, now that the US has it's hands on Iraqi oil. my guess is, it will be tough to pry our fingers off the gate valves controlling flow..<g>..Congrats on holding F, looks like once again I exited to early, but a 25% bird in the hand profit had to be taken to gain POMG (Sergio, remember the old Bill Savit jewlery store ads from your next of the woods? Bill Savits- where you get POMG, "Peace of mind gaurantee"<vbg>)..Markets once again have me confused, thus I am now sitting mainly in cash, profits booked from this recent move up...In my mind, things are not as rosey and upbeat, as the analysts and reporters would like us to believe..Year over year comparisons are/were easy to beat, especially when you factor in the lowered earnings estimates (purposely lowered to far,IMO)..But when I compare what I feel Q over Q for the next reporting Q will be, I keep thinking with revs flat, how much more operating fat can these companies cut to make earnings? And much of this fat cutting is a result of cutting jobs, more job loss will not build a stronger economy, it's bound to turn around and bite us in the ass (as they say). We may begin to hear the dreaded "R" word popping up...A side note, I am detecting a slowdown in new construction around here, which has exploded over the last few years...On top of that- it's snowing and 28 degrees!!..
