the bull case

I'm going to argue the bull case... like an asshat.

From Doug Kass

"Target substantially lowered its September comp guidance from +4% to +6%, down to +1.5% to +2.5%, citing weakness in Florida and New York.
Target was supposed "

you see doug what they are doing is providing upside surprise... it will probably be 4% and they just want to get the bump up in the stock price.

and the rest of the story he just says how bad retail will be...

See the thing is this rate cut will make the economy even stronger. and those numbers just mean that they will cut a full point next time.....

Other than that they don't sell ipods BlackBerries big screens or xboxs which will be the big pull in the next quarter... Oh, wait a minute.. did I mention the rate cuts.... well that will make the manufacturers of these things more money as they pay other countries to manufacture......
Umn...
did I mention the rate cuts..... it means that everything in this country is on sale. and everything we buy is 25% more expensive, unless it's localy made.