It is odd, but when we are playing these short term swings, all we can do is make an educated guess based on our history & experience. Now, when I build a lt rat position, I have a very good idea going in what I expect to make, profit wise, I just never know the time frame exactly. Options & futures, on the other hand, force you to live by the calendar.
Another retailer, LIN, getting creamed.
It may turn out that consumers really do have too much crap already, or don't have any more credit to burn through? Thoughts everyone? ______________
Hot & humid as hell here today, sucks big time.
Time to open a beer, eat dinner and wait for the All Star game to start.. White Sox are in 1st place in the AL Central, and have 1 player on the roster... Odd. |