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mlsoft

09/06/02 10:46 AM

#23097 RE: jdaasoc #23082

jdaasoc....

Tep - CDWC earnings strength is based on a one-time event, as I had said. That is why I think it is a short here, since strong upmoves based solely on such news rarely lasts, as too many folks can figure that out.

As for the employment report, all you have to do is go back and read the Challenger report - the economy is slowing and both manufacturing and retail jobs are contracting. How long can the government offset that?? - depends on how big a deficit are we willing to have.

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