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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (74682)	12/1/2006 3:23:46 PM
From: kris b	of 110194

Home Depot reportedly being eyed by private equity. Insiders are getting desperate to unload into the rumour generated short squeeze before bottom falls out. See Mish's note: November 30, 2006 -- Home Depot abruptly shelved a much-touted plan to improve customer service by hiring more store-level employees - just a month after rolling it out. The about-face appears to be the result of a sales slowdown that is far more severe than the company anticipated, sources said. Rather than hiring additional employees, all stores - even those $40-million-plus high-volume locations - were told to cut staff hours by 200 per week because of falling sales. The reason? Sales were falling short of internal projections, the result of a housing market that had st

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