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To: BWAC who wrote (48314)5/29/2003 10:46:28 AM
From: aniela  Respond to of 53068
 
hello Everyone,

I am writing from Germany (Muenster). Today is a holiday here, so Imy streamer actually works ok but most of the time it is a truggke to get it work without delays.

I agree with Ron: I feel like a deer caught in a light ! Have no idea how to trade this market. I am making money but leaving a lot on the table.
At the moment I hold RRI, MIR, EP, LU, ILA and am short a ton of puts on the IPP's. Otherwise I am afrid to enter any trades ...

LU issued convertible yesterday. It went down on these news but coming up nicely. I added a bit yesterday.

wiesia



To: BWAC who wrote (48314)6/2/2003 5:06:03 PM
From: BWAC  Respond to of 53068
 
From last week economic observations:

<I could also tell you about the number of idle trucks sitting in the trucking company lot. Ie not carrying freight. (this was at a Freight Consolidator)

Or the call I got yesterday from the local Freightliner manufacturing plant needing to lease a lot. For the purpose of parking their finished, but can't sell, inventory. They seem to have run out of parking spaces.>

To todays warning from FedEx:

"FDX still sees sluggish economy, issues preannouncement for Q1 (Aug), sees EPS of $0.52-0.60 vs Reuters Research consensus of $0.62"

Freight just isn't moving from Cosolidators to FedEx. The economy runs on goods transported by truck.