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

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To: russwinter who wrote (66614)7/21/2006 1:16:51 PM
From: UncleBigs  Read Replies (1) of 110194
 
gasoline is one of the last areas to see a demand drop.

look at consumer discretionary. atv's, boats, Walmart crap, Target crap, housing...it's clearly in the process of imploding.

missed mortgage payments and selling the car to take the bus will come later.

Bully wannabes are cratering.

This economy is not run on Bully's discretionary spending. Bully's ass is planted in the sand at the Hamptons while he sends flowers and e-mails to his 19 yr. old mistress and daytrades oil futures.
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