Industrials in the Backlog Cycle

Gordy: It's actually been a really unusual cycle, uh, in manufacturing because it's very rare that you can't go out and buy as many cars as you want off a ford lot at any time. In general, cyclicals trade on orders, not revenues, not earnings. Go to HEDJI.com forward slash research to subscribe and tune in live to the call weekdays at 7.45 AM Eastern.