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) - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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