Before the Bell 2/27/2008

[1:00] ..." bad as we talked about -- actually had -- general for the stock market being up now this morning it's good news about a year's it was a good news because all the averages doubt whether incidents at the time the market starts -- is -- so let's hope that we try to continue this. Despite all the bad news that special recipe just write down -- down nine point zero. Does that 62 Nasdaq spent sixteen point eight and I think this the first time in history there about quarter oil prices as they are working right now over a hundred dollars a barrel even though it's down a little bit this morning the"...

[2:31] ..." about that. Should also be interest legacy was at the same about real estate in hundred dollar oil and 1000 dollars covenant gold and -- 22 dollars a bushel so I think can be a lot"...

[3:10] ..." companies that was a very big losses and remorse and expected. The home builder Toll Brothers also true builder. They talked about the the ceaseless talk of recession is gonna effect the group's conservative and it would try"...

[0:11]" Yes you know it's it's an indicator of that the business investment and how it's doing and -- we've opened focusing on the consumer over the last couple years so boo -- number that came out today these provisions to last more than three years by the way but it was down five point 3% -- that wasn't. Really talked PS submit there's of the -- expected to be down about five point 1% you know -- aren't sounding public broken record every time this thing comes up but it's a volatile number -- your pricing and airplanes trains in. Automobiles so there's an example the transportation numbers alone were down 13%. Civilian planes like the kind of -- in the -- that 30% even defense plans -- 32% so. Deficit this monthly data point. Is not encouraging the markets but it's -- what's expected but the reality is that the in the markets start off from very good streets. Although despite all the bad as we talked about -- actually had -- general for the stock market being up now this morning it's good news about a year's it was a good news because all the averages doubt whether incidents at the time the market starts -- is -- so let's hope that we try to continue this. Despite all the bad news that special recipe just write down -- down nine point zero. Does that 62 Nasdaq spent sixteen point eight and I think this the first time in history there about quarter oil prices as they are working right now over a hundred dollars a barrel even though it's down a little bit this morning the -- and gold is up to 9060 want to build a commodity problems."

[1:37]" Yeah we got there yeah. What that exactly like that forget about -- keep that the markets are lifted the verdict you don't get two days of testimony he. He has to do this two times a year that that the politicians in the economy in the system big election year and and we've got to faltering economy but it appears to have some of the rhetoric appears that it the last time conflict -- that the market's very nervous sort of get a better performance today but again he's walking this tight rope it's a rowboat -- freeing up the credit markets and liquidity problems that. The housing problems that the slowing economy and the and the one that's been the most concerning analyst wake of this kind of re emergence of inflation so I think -- we get an indicator what's going to happen here. One of the -- most alignment with there's another wanted to -- style called yesterday -- the speech he talked about it. These things but slower economic growth Olympic wrestler but he said it's slower economic growth and issues are bigger concern. That some of the stuff we're worried about inflation so that are going to hear a little bit more about that. Should also be interest legacy was at the same about real estate in hundred dollar oil and 1000 dollars covenant gold and -- 22 dollars a bushel so I think can be a lot of target certain that what you direct."

[2:45]" You bet on Microsoft there always in the news further -- in the courts in this case it's the courts because there's a cellphone that the European Commission -- of one point three billion dollars for. Not complying with the 2004 antitrust ruling so it's a big hit for Microsoft but again it's another message. That they go to watch themselves on that and I -- that's less money in the till they want to buy Yahoo!. Assuming that deal could ever -- also no more good good news on housing and Fannie Mae the mortgage companies that was a very big losses and remorse and expected. The home builder Toll Brothers also true builder. They talked about the the ceaseless talk of recession is gonna effect the group's conservative and it would try to say is are we talking her way into a bigger problem but more bad news on the housing front."