Friday, May 13, 2011

ANOTHER LEG DOWN COMING FOR HNI?

Leader of the mid market office furniture manufacturers, weakness here is a warning for the overall markets and economy....my experience is HNI is a leading indicator, but it can come months from THE TOP...which was 3 months ago.

We are experiencing the weakest recovery in history from Recession, and now GDP has fallen to below 2%....it should easily be double that.

IMHO there are increasing troubling signs, including weakness in the banking sector....now is not the time to be bold

D

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