shirt to hurt the furn, page-52

volt, I've now turned more bearish because the subprime issue is being confirmed by poor us consumer figures, indicating that at least there will now be more scared investors than there were previously (regardless of whether they are right or wrong). In short, the risk has been increased for investors and without biggish increases in earnings (which is not happening in usa) the risk/reward calculation now demands a lower price. Dunno how long this will last, or at what point the known risk is priced in. cheers!