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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (8971)3/15/2008 1:15:57 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 33421
 
<<Why should they be discounted by another 30% or 60% because of mistakes made by the financial 'geniuses' in the credit world?>>

I guess my response or question would be will those profits remain high IF the consumer gets crushed? Is this going to turn into a case where high credit issues, a weak dollar and high energy prices lead to inflation, unemployment and a tapped consumer? We're going to find that out


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