Re: [CANSLIM] Earnings


From: "walter nusbaum" <wnusbaum@airmail.net>
Subject: Re: [CANSLIM] Earnings
Date: Mon, 29 Apr 2002 15:29:19 -0500

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Tom,
Another big reason for the Q1 GDP number was the humongous tax rebate that
was probably largely responsible for the strength of consumer sales.
Best wishes,
Walt

- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Monday, April 29, 2002 8:43 AM
Subject: Re: [CANSLIM] Earnings


> GDP for the Q1 was up for a variety of reasons, one of which was that
> consumer sales remained strong, but a second, and more significant one,
was
> that inventory reductions slowed appreciably.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
> ----- Original Message -----
> From: "Fred Richards" <adrich@gte.net>
> To: <canslim@lists.xmission.com>
> Sent: Monday, April 29, 2002 9:30 AM
> Subject: RE: [CANSLIM] Earnings
>
>
> Tom,
>
> I know that you want this to get better . . . but sometimes we have to
face
> facts.
>
> >From the King report of 4/29/2002.
>
> GDP came in higher than expected because the deflator, which was expected
to
> be 1.5%, came in at only 0.8%.  Fooling with the deflator (and CPI) to
> overstate GDP and understate inflation is a government staple.  The market
> ignored the ridiculous government misrepresentation.
>
>
> FFR
>
(SNIP)



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