Before the Bell 8/28/2008

[0:22] ..." report yesterday it felt like that DEP. Report that. And even on Wall Street right now. There's not so much Serbia situation as it is really that much better. But the the rest accelerated deterioration in"...

[1:25] ..." Yes we have in the stock market has experienced this typical light volume this -- not pre Labor Day. We also have to recognize that the market -- for the past five trading days. And even slightly on Capitol Hill over a 119 -- a barrel on today is being likely ignore. -- it is believed to be mostly hurricanes and stop"...

[1:58] ..." that's going to be telling indication that whether or not his strong GDP growth in the second quarter and continued. Dell -- years pet's mart even Williams and Sonoma the upscale politicians are retail. -- although"...

[0:12]" Yes with a laugh how we learned that the GDP for the second quarter grew much faster than expected and up three point 3% quote that the market. Loved yet durable goods report yesterday it felt like that DEP. Report that. And even on Wall Street right now. There's not so much Serbia situation as it is really that much better. But the the rest accelerated deterioration in the economy may have slowed quite a bit. And despite all the talk about the fact that the economy has been falling on hard times which it says. Notable that the economy has grown better than most people would expect that. Now some people planning the big jump in GDP in the second quarter. We do -- such economic stimulus checks just proving that when you get someone checked they spend it. I was supposed to. -- the government. Economic stimulus program but you have to understand that it also -- a lot to do so on the levels. Follow -- follow that release fuel strong exports. And that does not mean the -- year alone on the cattle awards but it does mean that we weathering the situation a lot better."

[1:25]" Yes we have in the stock market has experienced this typical light volume this -- not pre Labor Day. We also have to recognize that the market -- for the past five trading days. And even slightly on Capitol Hill over a 119 -- a barrel on today is being likely ignore. -- it is believed to be mostly hurricanes and stop related. And has not been able long term it will still the market is really sort of embracing. All sorts of pretty --"

[1:55]" Well I'm watching -- the consumer stocks because that's going to be telling indication that whether or not his strong GDP growth in the second quarter and continued. Dell -- years pet's mart even Williams and Sonoma the upscale politicians are retail. -- although the predictable and relatively decent second quarter earnings numbers and help of the women's clothing retail. You know my daughter my ten year old daughter is disappointed. -- closing the kids stores are closing and and so it will really help but in the nick of affirmed that what what they're now on you'll be a proper planning. And even -- they probably my second quarter that was mostly due to take Canadian manufacturing facility closings so a lot of the consumer stocks. I'm not doing bad at all right now."