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

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To: Joe Stocks who wrote (76383)	12/21/2006 9:38:59 PM
From: jimmg	Read Replies (2) of 110194

<<<I would not be so sure about that. Weather in good size parts of the country has been terrible this week. I appreciate the warning and I realize that I can lose money speculating. That's why I use options and only buy as much as I can afford to lose. There's always bad weather somewhere in the country at this time of year. It's winter. The extra shopping day means that comparable store sales will be up around 25% this week for a retailer who has a flat trend. Retailers with decent growth momentum will probably do 30% to 35% comps. I don't think these are the kinds of numbers that people expect. Comparing one of the biggest shopping days in history to a prior year of zero is big. I'm surprised that the retail surveys weren't showing negative comps coming into this week. I think this shopping season is stronger than most think. If I'm wrong, I'll write off the calls and live to fight another day.

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