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Politics : Idea Of The Day

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To: Stoctrash who wrote (37519)3/27/2001 6:05:48 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
Fiction....<<fact is the ECON is CRAP and going to get much worse and IKE keeps trying to grab the falling knives. I wanna hear him talk about selling that rally rather than looking for the next bottom.>>

Fact as of fourth week March..<<In a rare bit of good news on the retail front, robust sales at J.C. Penney's (JCP:NYSE - news) department stores in the fourth week of March boosted the company's sales in that division above plans for the month. Most of the nation's retailers report monthly sales on the first Thursday of each month; they are a key barometer of the health of the consumer sector. At Bentonville, Ark.-based Wal-Mart (WMT:NYSE - news), the nation's largest retailer, same-store sales last week were on plan for a 3% to 5% rise for the month. Electronics and beauty aids were among the categories that did particularly well. Sales were strongest in the West. Shares were recently up 75 cents at $48.32. The company had planned for a low single-digit decline in same-store sales, which track sales in shops open at least a year, for its core department store business. But because of the strong fourth week of the month, the company now says it will report positive comparable-store sales for March. >>

This is the kind of self styled fiction that I negate, I feel that one should base his or her analysis on facts not fiction even I am wrong I am guided by the facts..
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