Originally Posted by
sreddy
if "Wait for 90 days" term was used, not guessed (second hand information some times have guesses), it is clear that Quarterly spillover is already in place. I think we do have some other indications before as well indiating may be there are quarterly spillovers.
Here are my thoughts... If you look at last year's movement, 2011 saw about 12 months (may be 11.5 months) movement. Appears that second part 2007, and early 2008 is about same desity, if not more denser, compared to previous year. So we cannot expect movement beyond March 2008 (may be + or - a month). That being said, CO seems be in the mood of building some inventory (based on what he spoke in the meeting last month). One un-solved puzzle is how much inventory does he want to see? Does HR 3012 have any influence on what CO is thinking? In addition, this is election year. So any from Demcratic party are thinking to show some flexibility, that may help get some support from Indian/Chinese community (2007 Fiasco happend about a year before elections)?? So it all depends on what factors are going to influence forward movement. Hard to guess.... just wait for 3 or 4 more days, you will get better picuture of what is on CO's table, and what is in his mind (you will never get a clear picuture however, and will have same type of questions next month as well).