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Strategies & Market Trends : John Pitera's Market Laboratory

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To: nspolar who wrote (10801)12/4/2008 10:22:13 PM
From: Elroy  Read Replies (2) of 33421
 
Anyone hear of anything of the following nature?

A coworker informed me lots of little businesses closing up and going BK on east coast. Same also stated that people on east coast are collecting serious food supplies, for possible contingency or emergency needs over a longer term period.


I'm in a provincial town in a rural area of the Philippines. There is an infrastructure project outside my windown now building some type of water container 30 yards in the sky. I'm told when it is finished we will be able to use the water supply when the electricity dies (something that happens for a few hours about twice a week). Every day the local people play mahjong at night, or stand around watch the players. Fish and rice for lunch or dinner most days.

No guns or stockpiling going on here. Nobody even discusses the markets as far as I can tell!
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