The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (187463)	3/1/2009 8:18:45 PM
From: Perspective	Read Replies (1) of 306849

CEC - I just don't understand this stuff. These guys are saying same store sales are going to be off just 1-2% this year. And that's all they've fallen to date. Really?!?!?!??? How in the world can this be happening? How much has unemployment gone up? And I don't think CEC can claim the "inferior good" hypothesis. I can see Darden or Brinker, but people don't switch down to CEC, do they? Either you go there or you don't, right? And my impression is that it isn't the folks with a ton of disposable income going there. Oh well, I've got a starter position. If it turns my way, I'll fill it out. Until then it will just annoy me. `BC

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