Ask DrBob Message Board - Msg: 16492534

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Strategies & Market Trends : Ask DrBob

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To: noparking007 who wrote (45864)	10/12/2001 1:54:49 AM
From: Dr. B. ®	Read Replies (1) of 100058

Noparking. We all know the economy is flailing wildly and gasping for air, however, I think retail sales are going to be OK. I tend to believe that retail sales are the last to fall in a faltering economy, sort of like a trailing indicator and it may take a little more time for the process to shake out. Plus, with energy prices falling a bit, more people have some free spending cash and we all know most Americans don't throw it into saving...lol. The point at which retail sales have puked (LD. 2001. "Market Trends and Strategies," Ask DrBob, 1: many pages) is the time to prepare for a recovery in the economy me thinks. Just thoughts no facts.

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