Dow Chem is pulling out of slow down in 4th quarter now. According to leading market research, the caustic price is recovering significantly from the low price level. It appears that Cholorine is also recovered some what slow thean that of caustic. In plastics side, both PS and PE are coming back in volume purchasing. It is also inevitable that we will see a aggressive last month sales increase, while the prices for plastics are stable and riased slightly All this translated to a 50% of Dow's business. So it is almost csetain that next quarter release will result higher then this quarter eqrning. also watch for supprise. There are certain number was put into Dow's book due to M&A activity. But 4th quarter is time all number consolidated into Dow completes. Given the fact of conservative accounting. I assume some of the reserves will be re- bookas at asset side due to larger estimate and lower actual number.
We have see the end of light on earning decline here -:)