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


To: ild who wrote (14834)11/4/2004 2:29:45 PM
From: TH  Read Replies (2) | Respond to of 116555
 
ild,

Yes, that seems to be the situation.

At some point, and I have no idea when, Ford implodes. They have lots of assets, but the core business will not survive and the pension overhang is very, very large.

I still think single digits are possible in the next few months. Sales are very bad, but that may not be enough to get the street to dump it in mass.

Good Trading

TH



To: ild who wrote (14834)11/4/2004 2:57:42 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Lennar warns on 4th-quarter home deliveries
[good news for bond players - mish]

Right now the stock market does not care but the bond market will

Message 20731858