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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (9618)7/7/2008 8:53:49 PM
From: nspolar  Read Replies (3) of 33421
 
This is a real shit storm, eh John?

About in the 3rd inning or so? I dunno.

We have credit issues and more credit issues. Driving risk aversion the wrong way, for current conditions.

Then we have commodities (basics) at moon high prices. Diesel here is about 5.5 per gallon. Was talking with my Dad the other day, he said you couldn't give a diesel PU away where he lives, and he lives in good PU country. Read diesel PU sales are way down here in AK as well.

GM and Ford ain't doing too hot, with their big diesel burners at the moment, so it would seem. How about a Hummer anyone?

Not too far over the horizon we will have folk purchasing winter fuel. I am already thinking about it. For us it is only 2.5 months away.

The fireweed is in good bloom, already.

Some things gotta give somewhere, maybe everywhere.

But by damn I'm telling ya, I ain't giving up my PC. I don't care how many electrons it chews up. I'll ride a bicycle, walk, go hungry, go w/o TV, but I ain't giving up The Net. I likes to stay connected, in a solitary way.

And low and behold, tech has been fairly resilient here imho. Look and think beyond (talk to the hand).

John, you more than anyone I know you started beating the bushes early on this financial situation we have. Let us know when it is winding down. That should precede lows in all the rest.

Well time to go pick some weeks. Gotta keep my cabbages growing, for Mama and Baby moose.

TF

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