I know! I don’t care what the foot traffic is telling you. This is a bloodbath in the making, not just because of arms adjusting, but also because of the job losses its going to cause in SoCal.
Not to torture a metaphor, but 2007 will be a bloody year. You can only hide your actual results for 3Qs. You need to have it identified by year-end, your story straight, and action items to tell investors. I think you’ll see a lot of these companies delaying their earnings reports.