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More Negative Revisions?

With consumer sentiment plummeting and housing data looking worse and worse every month, are more negative earnings revisions a forgone conclusion?

Not according to Paul Hickey of Bespoke Investment Group.

He says "we're seeing a crisis of confidence and it's affecting analysts as well. We haven't seen this rate of negative revisions since early 2009."

And that's a good thing.

Huh?

"The bar is getting set exceedingly low come earnings season and it could set the stage in October for a really nice bounce!"

Get all the details. Watch the video now!

* you can find our interview with Paul Hickey at the beginning of this video clip.



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Trader disclosure: On August 31, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders;Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (NBG); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Weiss Owns (AAPL); Weiss Owns (JPM); Weiss Owns (KO); Weiss Owns (NIHD); Weiss Owns (QCOM); Weiss Owns (VZ); Weiss Owns (TCK); Weiss Owns (FCX); Weiss Owns (TWM); Weiss Owns (SDS); Najarian is long (AAPL) call spreads; Najarian is long (AMT) call spreads; Najarian is long (DG) call spreads; Najarian is long (FDO) call spreads; Najarian is long (CLWR); Najarian is long (CCI) ; Najarian is long (CIGX)

Paul Hickey
No Disclosures

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