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Strategies & Market Trends : Future Schlock!!!!

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To: Arthur Radley who wrote (1)8/25/2006 12:36:19 PM
From: monette01  Read Replies (1) of 34
 
Hi TD,

Yes I agree. Pier 1 has been languishing for years and I expect this will hasten their demise. My RR stocks have held up pretty well and they can pass on fuel surcharges and move more tonnage for less. I have no immediate plans to sell CNI or CSX but not buying either -- actually buying nothing right now --not even more oil.

Also re Peter's memo on housing and your reply -- there is a bright light shining on the appraised house as an ATM/EQUITY machine as well. And yes, we will all pay for it in one form or another. We just let our rate lock expire on our construction loan and opted to renew within 30 days thinking it was better than paying a fee for relock extension which is .25 higher today. Praying to the rate gods.

PS: My friend is receiving warm and outstanding care at MDA -- she has gone through radiation and chemo pills and with the help of her MD brother in law, has followed a special diet -- pomegranate juice, etc. She looks wonderful and says they (MDA) bring her to the front as an example of someone who is doing all the right things. She has not missed a single day of work (causing some co-workers grief)!

Best regards,
Monette
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