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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (150)7/10/2003 2:04:24 PM
From: russwinter  Respond to of 110194
 
Reason for the KSS ramp today, deadfish throws some wrapping paper on it, good short here:

1:25PM Kohl's defended by Fahnestock (KSS) 53.19 -0.81: -- Update -- Fahnestock maintains their Buy rating on KSS following the co's warning (8:35); while firm says the shares may test the recent lows near $44 owing to disappointing 1H03 performance, they think it is more likely that the shares will move upward in Q3 toward its high of $80 with the first hint of operating improvement, which will likely occur during the back-to-school season.



To: ild who wrote (150)7/10/2003 3:02:44 PM
From: Agamemnon  Read Replies (1) | Respond to of 110194
 
what about foreign held dollars? What can they do with these IOU's but buy american goods & since they have all of our exports they need that leaves assets. (although I would buy gold theyre probably not as poor & smart as I<G>)I dread the day the chinese economy bootstraps itself.


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