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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (21421)11/6/2002 4:14:43 PM
From: Jim Willie CB  Read Replies (2) of 36161
 
Glassman of JPMorgan (economists) makes mistake on CNBC

fewer shopping days between TGvg and Christmas DO MATTER
at Staples for five years, it mattered greatly

late occurrences of TG in the month of November reduced retail sales at a noticeable level
furthermore, Wednesday occurrences of Christmas were the worst possible
and Dec25th arrives on a Wednesday this year

I expect horrible Christmas season sales
with the layoff news, reduced consumer confidence, retail sales will suck suck suck

/ jim
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