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11-20-2008, 05:02 PM
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#1 (permalink)
| | Senior Member Join Date: Aug 2005 Location: Winter Springs, Fla.
Posts: 12,149
| If I had a million dollars .... I'd call droski and tell him to short all U.S. retailers for me for Friday-Monday after Thanksgiving. Despite the sales sure to be in place, I predict mall parking lots noticeably not as busy as usual and weekend sales figures after T-giving to be on the low side of dismal.
I think you will really see nerves tested on Monday the 1st. |
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11-20-2008, 05:09 PM
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#2 (permalink)
| | Pre Madonna Mod Join Date: Feb 2006 Location: DFW
Posts: 16,260
| Well, I'd buy you a green dress
(But not a real green dress, that's cruel)
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11-20-2008, 05:10 PM
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#3 (permalink)
| | Irrelevant since 09/2007 Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 7,172
| you'll soon have 900K because the expectations are already so putrid that a surprise to the upside wouldn't be unexpected at all. |
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11-20-2008, 05:13 PM
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#4 (permalink)
| | Senior Member Join Date: Aug 2005 Location: Winter Springs, Fla.
Posts: 12,149
| Quote:
Originally Posted by droski you'll soon have 900K because the expectations are already so putrid that a surprise to the upside wouldn't be unexpected at all. |
I hear you, but we've been saying for a couple of months that the low expectations are already factored in. And yet every time another report comes out (that we knew was coming) the market takes a dive anyway.
I just get the sense from all corners that everyone is reeling it in big time this year. |
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11-20-2008, 05:14 PM
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#5 (permalink)
| | Irrelevant since 09/2007 Join Date: Jan 2007 Location: Los Angeles, CA
Posts: 7,172
| Quote:
Originally Posted by lawgator1 I hear you, but we've been saying for a couple of months that the low expectations are already factored in. And yet every time another report comes out (that we knew was coming) the market takes a dive anyway. | i'll be right eventually.  |
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11-20-2008, 05:23 PM
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#7 (permalink)
| | Born Again Heathen Join Date: Mar 2007 Location: Taking careful aim.
Posts: 1,674
| Quote: |
If I had a million dollars ....
| It would be stashed in a Swiss bank account under a false name.
__________________ ..-. ..- -.-. -.- | -... .- -- .- |
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11-20-2008, 05:31 PM
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#8 (permalink)
| | Senior Member Join Date: Nov 2007 Location: Atlanta, GA
Posts: 894
| I think the key word is "had"
A lot of people "had" Posted via VolNation Mobile |
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11-20-2008, 05:34 PM
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#9 (permalink)
| | Senior Member Join Date: Jul 2008 Location: Summer: Chattanooga; School year: St. Louis
Posts: 2,048
| Quote:
Originally Posted by vader Well, I'd buy you a green dress
(But not a real green dress, that's cruel) | nice. I got the reference  |
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11-20-2008, 05:43 PM
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#10 (permalink)
| | Senior Member Join Date: Aug 2005 Location: Winter Springs, Fla.
Posts: 12,149
| Quote:
Originally Posted by droski i'll be right eventually.  |
And within ten business days of the day you are right, the market bottom will be established. Once the low numbers coming in doesn't drive things even lower once again, that's when the market has truly processed all it can handle. |
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11-20-2008, 09:06 PM
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#11 (permalink)
| | Repeat Offender Join Date: Aug 2007 Location: Union City, TN
Posts: 1,702
| If I had a million dollars I would write myself a check for $961 every week for the next 20 years. Might even quit my job.
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12-01-2008, 05:32 PM
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#12 (permalink)
| | Senior Member Join Date: Aug 2005 Location: Winter Springs, Fla.
Posts: 12,149
| Quote:
Originally Posted by lawgator1 I'd call droski and tell him to short all U.S. retailers for me for Friday-Monday after Thanksgiving. Despite the sales sure to be in place, I predict mall parking lots noticeably not as busy as usual and weekend sales figures after T-giving to be on the low side of dismal.
I think you will really see nerves tested on Monday the 1st. |
I guess I was about 3/4 right, albeit for the wrong reasons. But, if I was cashing in on my short orders, I wouldn't particularly care about why I was right to the tune of about $80,000 in profit. |
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