Perfect set up
#1
Posted 08 October 2007 - 02:16 PM
#2
Posted 08 October 2007 - 02:20 PM
#3
Posted 08 October 2007 - 02:23 PM
#4
Posted 08 October 2007 - 02:24 PM
#5
Posted 08 October 2007 - 02:26 PM
Thanks for CNBC reports. I don't have cable....
you must live in Montana!!
#6
Posted 08 October 2007 - 02:27 PM
#7
Posted 08 October 2007 - 02:27 PM
Doom and Gloom is rtaging on CNBC again. Analysts downgrading everything in sight.
Consumer just about pronounced dead. Economy slowdown unavoidable.
Earnings estimates came down from 6% growth to 0.7% growth for the quarter. Talk about low expectations.
And all that gloom with the DOW 30 points off the highs.
This is apparently the "kitchen sink" quarter... where everything possible is thrown into the negative. Knowing that, the only possibility is that things must be "better than [lowered] expectations" in 4th Quarter and later.
Therefore, "party on, Garth".
#8
Posted 08 October 2007 - 02:41 PM
#9
Posted 08 October 2007 - 02:52 PM
#10
Posted 08 October 2007 - 02:56 PM