Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

JNPR is a Ponzi scheme, IMTO, Alexander- Like GM
(Look at recent defections and insider selling)

As Goes GM, So Goes the Market? George Ure
We recall from our history studies that it was in August of 1929 that the automakers reported plummeting sales - as consumers pulled their horns in - a move which some credit with helping create the first Big Crash. So it's with that historical perspective that we eye automaker reports with due caution, especially the comments of GM boss Rick Wagoner. Now he's talking about more and deeper cost cutting if consumer spending doesn't pick up: LINK The pressure on auto sales is interesting because of the wide range of product now available. Most paradoxical perhaps is the demand at both ends of the spectrum. For high performance for www.gto.com product while at the other, the waiting list for the Toyota Prius www.prius.com keeps getting longer. You talk about bifurcated end user preference. Outside marketing circles we'll point to it as a split personality of consumers. Prescription for a perfect car? 0-60 in 5 seconds and 50 MPG. That's doable, alright, but not in a form factor much bigger than a MG Midget.