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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (8576)	7/1/2004 2:16:29 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

GM's U.S. Sales Fall 15 Percent in June Thursday July 1, 2:04 pm ET DETROIT (Reuters) - General Motors Corp. (NYSE:GM - News) on Thursday said its U.S. sales fell an unexpectedly sharp 15 percent in June as its aggressive incentives and discounts failed to lure more buyers into showrooms. The world's largest automaker said June sales fell to 380,267 vehicles, down from 429,742 in June last year. GM has led Detroit's profit-eroding price war for nearly three years, using interest-free loans and hefty cash rebates to ratchet up sales volumes. But analysts say GM's incentives strategy may be losing its effectiveness with consumers, amid flagging demand for some of its older pickups and SUVs. biz.yahoo.com

To: NOW who wrote (8576)	7/1/2004 2:19:04 PM
From: mishedlo	Respond to of 116555

4 Cramer posts today In chronological order: James J. Cramer Market Overview Valuation Rocket Readies for Takeoff BERQY -- Broadcom, eBay, Research In Motion, Qualcomm and Yahoo! -- is about to be propelled higher. James J. Cramer Investment Idea With Fed Settled, Market Looks Good It's hard not to like this tape now that the Big, Bad Event is past. Now it's time to find opportunity. James J. Cramer Investment Idea Tech Selloff Gives a Summer Bonus Fear of a slowdown is lowering prices, just in time to get in ahead of the back-to-school season. James J. Cramer Market Rebuilds Its Wall of Worry This decline is about profit-taking. Wait it out, but not too long; buys emerge as we slide.